TORONTO – Manulife Financial Corp. reported $1.8 billion in net income attributed to shareholders during the third quarter, down slightly from $1.84 billion during the same period a year earlier.
The insurer says adjusted earnings, or what it calls core earnings, came in at $2 billion compared with $1.83 billion during the prior year quarter.
Manulife CEO Phil Witherington says the company’s core earnings in Asia and Canada reached record levels.
Core earnings for Manulife’s Asia segment came in at US$550 million, while core earnings for its Canada segment came in at $428 million.
Manulife’s earnings came as the company launched a new platform with the stated goal of helping people live longer and more financially secure lives, called the Longevity Institute.
The company says it is committing $350 million to the platform through 2030.
This report by The Canadian Press was first published Nov. 12, 2025.
Companies in this story: (TSX:MFC)
Note to readers:This is a corrected story. A previous version said the money would go to the project by 2030.
