STOCK TITAN

Manulife Financial Corp. - MFC STOCK NEWS

Welcome to our dedicated news page for Manulife Financial (Ticker: MFC), a resource for investors and traders seeking the latest updates and insights on Manulife Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Manulife Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Manulife Financial's position in the market.

Rhea-AI Summary
Manulife Investment Management (Manulife IM) has closed the Manulife Strategic Secondaries Fund L.P., reaching $610 million in capital commitments. The fund focuses on GP-led secondaries, recognized for creating interim liquidity for partners and value creation for sponsors. The team aims to deliver premium returns through continuation vehicles and sponsor alignment. Manulife IM's sponsor-centric platform has $25.8 billion in AUM across private equity and credit, offering capital solutions across five verticals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
-
Rhea-AI Summary
Manulife Investment Management successfully closes acquisition of a leading asset management firm in Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
-
Rhea-AI Summary
Manulife successfully closes reinsurance transaction with RGA Life Reinsurance Company of Canada to enhance portfolio and unlock shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
none
Rhea-AI Summary
Manulife Financial announces a $5.8 billion reinsurance deal with RGA Life Reinsurance Company of Canada, releasing $0.8 billion in capital for expanded buyback program. The transaction is the largest Universal Life reinsurance deal in Canada, enhancing core ROE and EPS. The company plans to dispose $0.6 billion of alternative long-duration assets, focusing on shareholder value and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
none
-
Rhea-AI Summary
Manulife releases its Management Information Circular and 2023 Annual Report, providing shareholders with key insights and financial updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
none
-
Rhea-AI Summary
Manulife appoints Mike Durland and Don Kanak to its Board of Directors, with Anna Manning and John Wong nominated for election. The new directors bring extensive experience in financial services, insurance, and global markets, enhancing the Board's oversight capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
management
Rhea-AI Summary
Manulife Investment Management closes Manulife Capital Partners VII, a US$752 million private credit fund focusing on high yield with equity upside for U.S. middle market companies. The fund attracted a global investor base and aims for double-digit yields.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
none
-
News
Rhea-AI Summary
Manulife Financial Corporation announces Investor Day event in Hong Kong and Jakarta to discuss transformation and growth plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
conferences
-
Rhea-AI Summary
Global Atlantic Financial Group closes $10 billion reinsurance deal with Manulife Financial Corporation, reinforcing its position as a leading reinsurer in the annuity and life insurance market globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
none
Rhea-AI Summary
Manulife successfully closes the largest LTC reinsurance transaction with Global Atlantic, reinforcing the prudence of its LTC reserves. Share buybacks to commence on February 23, 2024, to return unlocked capital to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
none
Manulife Financial Corp.

NYSE:MFC

MFC Rankings

MFC Stock Data

42.15B
1.80B
0.02%
57.08%
0.42%
Direct Life Insurance Carriers
Finance and Insurance
Link
Canada
Toronto

About MFC

Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division.