Filed Under:Health Insurance, Ltci

Hancock LTCI unit holds steady

John Hancock LTCI sales and revenue were flat.
John Hancock LTCI sales and revenue were flat.

Manulife Financial Corp. gave little attention to its U.S. long-term care insurance (LTCI) business today as it reviewed its latest earnings.

Manulife (TSX:MFC), the parent of John Hancock, reports results for the company as a whole in Canadian dollars. The company earned $977 million in net income in Canadian currency for the second quarter on $4.2 billion in revenue, up from $308 million in net income on $4.2 billion in revenue for the comparable quarter in 2013.

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Nichole Morford

Nichole Morford
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