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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

The Good Times Are Over for Startups

Sequoia Capital and Y Combinator have told startups that cutting costs is a priority.

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.