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Company News

Canada's Manulife posts 1.5% rise in quarterly profit

Aug 7 (Reuters) - Canadian insurer Manulife Financial Corp reported a 1.5% rise in core earnings on Wednesday, helped by growth in its domestic and U.S. business.

Canada's biggest insurer said core earnings rose to C$1.45 billion ($1.09 billion), or 72 Canadian cents per share, in the second quarter, from C$1.43 billion, or 70 Canadian cents per share, a year earlier. (reut.rs/2YT2pPm) ($1 = 1.3302 Canadian dollars) (Reporting by C Nivedita in Bengaluru)

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