MANULIFE(MFC) - 2023 Q4 - Earnings Call Transcript

Lemar Persaud Steve Finch Yeah. And just a reminder that this -- it's a liability on the balance sheet. So it's geography and there's some knock-on impacts. But at the end of the day, if we were to move 5 points in the range, it's about $3.5 billion in terms of further impact you could see. I won't predict how this would trend over time. It's not knowable now. But to Roy's point, I think ongoing benchmarking, it would be interesting to see what that drives the industry to do. Roy Gori And Nigel, I think you ...