Diversification will help Manulife steer through global economic uncertainty, CEO says

News Snapshot:

Open this photo in gallery: Manulife Financial Corp.'s office tower in Toronto, Feb. 11, 2020.Cole Burston/The Canadian Press Manulife CEO Roy Gori said his company’s diversification will help it navigate the global economic turmoil, with sales in Asia climbing in the first quarter even as U.S profits dropped and the company faced a $43-million loss from the California wildfires. Mr. Gori - who will retire on Thursday - told analysts that while the company “won’t be immune” to the potential macroeconomic headwinds brought on by the trade tensions, the work he has done during his tenure has put the company...