- Net income in excess of $1.1 billion - Strong capital levels - MLI MCCSR ratio of 250 per cent at quarter end - Solid growth in high return businesses - continued focus on strong margin products and services - Strong year over year sales growth along with a change in mix to higher margin products resulted in a substantial increase in new business embedded value - Asia insurance sales increased 35 per cent, mutual fund sales in U.S. and Canada increased 105 per cent and 267 per cent respectively - Continued to improve equity risk profile through expanded hedging of variable product guarantees - Strong investment credit experience relative to m...
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