Maybe related to their selling of Mint?

Manulife Financial reports 3Q12 net loss of $227 million after absorbing a $1 billion charge related to the annual review of actuarial assumptions and a $200 million goodwill write-off. We generated core earnings of $556 million and achieved our 2014 hedging targets two years ahead of schedule.

 

http://www.stockhouse.com/news/canadianreleasesdetail.aspx?n=8662682