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Manulife Financial Corporation News

Manulife's LTC Exposure Less Onerous Than Unum's

Analysts don't expect the Toronto-based insurer to take an LTC-related charge, while Unum may have to adjust its LTC reserves.

Unum Falls as Long-Term Care Loss Ratio May Prompt Reserve Charge

The interest-adjusted loss ratio for the LTC business was 96.6%, compared to 88.6% during the same period a year prior.

Unum At Risk of LTC Charge This Year, While Reserve Regulations Aid Manulife

Investors will be monitoring long-term care obligations when Unum and Manulife report quarterly results this week.

Insurer Manulife Is Considering Spinoff or IPO for John Hancock Unit

Low interest rates has led to multiple insurers considering changes to their business structure.

10 high-dividend stocks for safe retirement income

Each of these high-yield stocks offers good income. Most of them benefit from higher interest rates as well.

Breaking News

What’s Open and What’s Closed this Fourth of July

A list to remember when heading out on the Fourth of July, what is open and what's closed.

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.