Manulife Profit Soars as Equity, Bond Investments Pay Off

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  • Insurance sales rise 20%, helped by record sales in Asia
  • Investments and market bets contributed C$297 million to gain

Guloien: Can't Guarantee Every Quarter Will Be As Good

Manulife Financial Corp., Canada’s largest life insurer, rose the most since February after reporting profit that almost doubled in the third quarter, benefiting from gains in its life insurance business and reaping the rewards of investments.

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