Review of Life Insurance Cos Q4 2007 Earnings

RBC Capital Markets, 20 February 2008The high Canadian dollar, combined with weak equity markets and declining interest rates made for a difficult backdrop for the lifecos in Q4/07.� Core EPS growth was highest at Manulife (14%) and lowest at Sun Life (3%).� Manulife's EPS exceeded consensus expectations, Industrial Alliance's were in line, while Sun Life's and Great-West came up short.� Currency