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Manulife Financial Corporation Ratings Unchanged by Standard & Poor's
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Manulife Financial Corporation Ratings Unchanged by Standard & Poor's
10/16/2008
TORONTO (October 16, 2008) –Manulife Financial Corporation today announced that its Standard & Poor's credit ratings are unchanged, according to the bulletin titled "Manulife Financial Corp. Ratings Unchanged After Highlights On Third-Quarter Results," which was published by Standard & Poor's on October 14, 2008. The published bulletin states "Standard & Poor's believes that Manulife will continue to exhibit the ability to effectively navigate through these difficult times, given its excellent risk management practices and capacity to issue hybrids or achieve capital relief through reinsurance or re-arranging its balance sheet if it needs to further reinforce its capital position."
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