Manulife Financial reports $5.6b net income for 2023

Earnings per share is $2.62 for the period

Manulife Financial Corporation has reported a net income of $5.6b for 2023, a turnaround from the $1.98b loss it reported in 2022.

Net income attributable to shareholders and equity holders was $5.103b for the whole year.

ALSO READ: Manulife Investment, Indonesia partner for infra development

Total assets reached $875.57b as of 31 December 2023. Total liabilities were $826.84b during the same period, whilst total equity was $48.72b.

An earnings per share is $2.62, with dividends per common share being $1.46. The dividend is higher than the $1.32 given in 2022.

Follow the link for more news on

Manulife

Also Read

APAC emerges as leader in renewables insurance

Only 14% of rich people prioritise life insurance despite awareness

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

APAC emerges as leader in renewables insurance

RE is projected to account for 45% of global electricity generation by 2030.

Insurance

2 days ago

Only 14% of rich people prioritise life insurance despite awareness

41% of SEA saw potential family disputes from lack of a plan as top concern.

Insurance

2 days ago

Zurich eyes to surpass 23% ROE in next three years

It also aims to achieve core EPS with a CAGR of over 9%.

Insurance

2 days ago

IFRC-DREF triggers insurance payout after disaster relief demands exceed threshold

The policy provides up to $16.92m in coverage.The International Federation of Red Cross and Red Crescent Societies' Disaster Response Emergency Fund (IFRC-DREF) has triggered its first-ever insurance payout after disaster relief demands exceeded its deductible threshold.

Insurance

2 days ago