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What's different a year after the wildfires? | SaltWire #novascotia #firefighting #wildfires #newsTORONTO - Shares of Canadian insurer Manulife Financial Corp rose to a high not seen in more than 15 years on Thursday, after its first-quarter earnings beat analysts' estimates driven by strong growth in Asia, one of its most important markets.
Simpson said Manulife continues to bet on Asian markets including Indonesia and Philippines and was on track to hit its goal of Asia accounting for half of its earnings by 2027, a target it extended by two years earlier this year. Manulife has been seeking to cut risk in its insurance portfolio and focus on profitable areas for growth, inking multibillion-dollar reinsurance deals.
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