Japan exposure limited: Manulife

By Staff | March 15, 2011 | Last updated on March 15, 2011
1 min read

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The cascading crises in Japan will have a limited impact on Manulife Financial, the company says, estimating its property & casualty reinsurance claims will total about $150 million after-tax

“Manulife, along with our employees, will contribute generously to relief efforts. Our first priority is our people; and then providing continuity of service to our customers,” said Donald Guloien, president and CEO. “I know first hand that our people are well-prepared and that we have effective emergency procedures and training in place. Our thoughts go to our Japanese friends and neighbours who have lost family members and homes.”

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The staff of Advisor.ca have been covering news for financial advisors since 1998.