immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Manulife Financial Inc.

Manulife Financial Inc.: Executives at Sun Life Financial Inc. and Manulife Financial Inc. said rising rates are having a positive impact on their business after reporting second quarter earnings. On Thursday, Manulife reported $259-million in profit, rebounding from a loss of $281-million in the same period last year. More Related to this Story, according to Globe and Mail. Sun Life reports profit on favourable conditions Rising interest rates and stronger equity markets have helped to increase earnings at two of Canadas largest life insurers. Manulife selling Taiwan life insurance business for $25-million (www.immigrantscanada.com). As reported in the news.