Furthermore, Manulife Financial demonstrated impressive sales and new business value (NBV) growth, particularly in the Asian market where annual premium equivalents (APE) surged by 13% year-over-year.

CIBC raised the firm’s price target on Manulife Financial (MFC) to C$47 from C$46 and keeps a Neutral rating on the shares. Published first on TheFly – the ultimate source for real-time ...