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 cultural changes is the company aiming to implement regarding cost management?

What challenges does the company face in expanding its business in Asia?