Manulife Financial sets Asian sales record

MANILA, Philippines - Manulife Financial in Asia set a regional record insurance sales growth of 26 percent, on the back of a 16-percent growth in contracted agents, 31 percent in Hong Kong, and 26 percent in the Asean region. Net income thus grew to $1.1 billion up 22.4 percent from the comparable period, and that does not include the equity markets and interest rates. It likewise hit record levels of $512 billion in funds under management. In Asia, wealth sales were up seven percent “driven by strong fixed annuity sales in Japan, and solid sales in the Asean region.”

Show comments