August 9, 2017 / 9:34 PM / a month ago

Canada's Manulife's 2nd-quarter earnings beat market forecasts

TORONTO, Aug 9 (Reuters) - Canadian insurer Manulife Financial Corp on Wednesday reported second-quarter results that were ahead of market expectations, driven in part by strong growth from its Asian business.

The company reported core earnings of C$1.17 billion ($922 million), or 57 Canadian cents per share, compared with C$833 million, or 40 cents a share the year before.

Analysts on average had expected earnings of 55 Canadian cents per share, according to Thomson Reuters I/B/E/S data. ($1 = 1.2696 Canadian dollars) (Reporting by Matt Scuffham; Editing by Leslie Adler)

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