Manulife Financial Corp
Manulife Financial Corporation (MFC), the holding company of Manufacturers Life Insurance Company, is the leading insurer and asset manager in Canada. With over 35 million customers, it offers a broad spectrum of products and services across Canada, the United States, Asia and Europe. In the U.S., Manulife operates through John Hancock brand. The company offers life, health, critical illness, disability, dental and travel insurance; tax, retirement and estate planning, group benefits, reinsurance, mutual and segregated funds, ETFs, private banking, asset and wealth management as well as consumer and commercial banking through Manulife Bank. The company’s shares are traded on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE), with a market capitalization of over US$53 billion as of December 2024. Manulife was established in 1887 and today employs over 38,000 people.
Financials
| Insurance Revenue | C$23.97 billion (2023) |
| Net income | C$5.61 billion (2023) |
| Total assets | C$952.63 billion (Q3 2024) |
| Assets under management (AUM) | C$1.340 trillion (Q3 2024) |
| Shareholders' equity | C$49.6 billion (Q3 2024) |
| Number of employees | 38,000+ |
Credit Ratings (Financial Strength):
Manufacturers Life Insurance Company
Moody's: A1
Fitch: AA
Standard & Poor's: AA-
A.M. Best: A+ (Superior)
DBRS Morningstar: AA
(Ratings as of November 2024)
Subsidiaries:
Manulife Investment Management
John Hancock Financial
Manulife Bank of Canada
Manulife (International) Limited
Manulife (Singapore) Pte Ltd
Headquarters address:
200 Bloor Street East
Toronto, Ontario
M4W 1E5, Canada
Phone number: 1-416-926-3000
Website: www.manulife.com