Manulife Financial Corporation has released a wave of financial and organizational updates, revealing a year of record-breaking performance and strategic board development. The company's full-year and fourth-quarter 2024 results showcased substantial growth, while Manulife also announced the appointment of two new directors, bolstering its board with expertise in financial services and asset management.

Manulife has reported exceptional financial results for 2024, marking a year of significant achievements with record core earnings and substantial growth across key business metrics. The insurance giant announced core earnings of US$7.2 billion for the year, an 8% increase on a constant exchange rate basis compared to 2023. This surge was propelled by robust growth in Asia and global wealth and asset management (WAM) sectors, with Asia alone seeing a 27% increase in core earnings.