BRIEF-Manulife reports Q1 core earnings of 44 cents per share

Thu May 5, 2016 7:20am EDT
 
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May 5 (Reuters) - Manulife Financial Corp -

* Manulife reports 1Q16 core earnings of $905 million and net income of $1,045 million, strong top line growth, and continued positive net flows in its wealth and asset management businesses

* Q1 core earnings per share $0.44

* Total assets under management and administration ("AUMA)") of $904 billion as at March 31, 2016; AUMA increased 8% compared to march 31, 2015

* Q1 earnings per share $0.51

* Achieved insurance sales of $954 million in quarter , an increase of 14% compared with 1q15

* Other wealth sales of $2.4 billion in 1Q16, an increase of 29% compared with 1q15

* John Hancock Long-Term care 1Q16 sales of us$17 million were us$6 million higher than 1Q15

* All figures in c$ unless otherwise stated

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