Manulife to Pivot to Behavioral Insurance, CEO Says

The transcript discusses Manulife's strategic goals, including freeing up $5 billion in capital and achieving $1 billion in savings by 2022. The company is focusing on improving efficiency and embedding cost-cutting into its culture. Manulife is committed to the US market, pivoting towards behavioral insurance and digital solutions. The company is also repackaging alternative investments for broader investor access. Asia remains a key focus, with Manulife leveraging its long-standing presence to capture growth opportunities.

What is the company's primary goal regarding its capital by 2022?

• To invest $5 billion in new projects

• To free up $5 billion in capital

• To increase revenue by $5 billion

• To acquire new businesses worth $5 billion

What is the company's strategy in the US market?

• Reducing operations in the US

• Focusing on traditional insurance models

• Expanding into new geographical areas

• Pivoting to behavioral insurance and digital solutions

How is the company planning to embed cost focus into its culture?

• By reducing employee benefits

• By making it a part of the organizational culture

• By launching a temporary cost-cutting project

• By hiring external consultants

What type of assets is the company focusing on for investment solutions?

• Short-term assets

• Real estate assets

• Alternative long-duration assets

• Cryptocurrency assets

Why is Asia a significant focus for the company?

• It represents a small portion of their earnings

• It is a declining market

• It accounts for a large portion of new business sales

• The company has no presence in Asia