UPDATE 1-Manulife CEO says lower rates for longer is ‘new headwind’
Manulife Financial Corp’s
chief executive said on Wednesday an environment of
lower interest rates for longer is proving a challenge for the
insurer, which did not expect the “significant” drop in
long-term rates that has taken place.
chief executive said on Wednesday an environment of
lower interest rates for longer is proving a challenge for the
insurer, which did not expect the “significant” drop in
long-term rates that has taken place.
Posted by Reuters
