Canada’s Manulife reports marginal rise in fourth-quarter profit | Reuters

Canada’s biggest life insurer Manulife Financial Corp on Wednesday reported a fourth-quarter profit that was largely unchanged.

Manulife reported core earnings of C$1.47 billion ($1.16 billion), or 74 Canadian cents a share, in the three months through December, compared with C$1.47 billion, or 73 Canadian cents a share, a year earlier.

($1 = 1.2696 Canadian dollars)

(Corrects to remove reference to performance slip at Asian, U.S. and wealth and asset management businesses in paragraph 1) Reporting by Noor Zainab Hussain in Bengaluru; Editing by Ramakrishnan M.

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