宏利金融（MANULIFE FINANCIAL）2024年第一季度业绩报告（英文版）（15页）.pdf

1、 1 TSX/NYSE/PSE:MFC SEHK:945 C$unless otherwise stated TORONTO,ON May 8,2024 Manulife Financial Corporation(“Manulife”or the“Company”)reported its first quarter results for the period ended March 31,2024,delivering strong core ROE and topline growth,and closing the largest long-term care(“LTC”)reins

2、urance transaction in the industry.Key highlights for the first quarter of 2024(1Q24)include:Core earnings1 of$1.8 billion,up 16%on a constant exchange rate basis2 from the first quarter of 2023(“1Q23”)Net income attributed to shareholders of$0.9 billion,down$0.5 billion from 1Q23.Excluding the impa

3、ct of the reinsurance transaction with Global Atlantic(the“GA Reinsurance Transaction”),which had a largely neutral impact on book value,1Q24 net income attributed to shareholders was$1.6 billion1,up$0.2 billion from 1Q23 Core EPS3 of$0.94,up 20%2 from 1Q23.EPS of$0.45,down 38%2 from 1Q23.Excluding

4、the impact of the GA Reinsurance Transaction,EPS was$0.873,up 21%2 from 1Q23 Core ROE3 of 16.7%and ROE of 8.0%.Excluding the impact of the GA Reinsurance Transaction,ROE was 15.5%3 LICAT ratio4 of 138%APE sales 21%higher5,new business CSM up 52%2 and new business value(“NBV”)up 34%5 from 1Q236 Globa

5、l Wealth and Asset Management(“Global WAM”)net inflows5 of$6.7 billion,up from$4.4 billion in 1Q23 “After a milestone year for Manulife,we continued to show strong momentum in 1Q24 by delivering superior results,including 20%core EPS growth,an increase of 11%in adjusted book value per common share3,

6、and record level APE sales with double-digit growth across each of our insurance segments.We again demonstrated a disciplined focus on execution by closing the largest ever LTC reinsurance transaction in the first quarter and entering the largest ever universal life reinsurance agreement in Canada.I