Company

Manulife Financial Corporation

Headquarters: Toronto, ON, Canada

Founded: June 23, 1887

Employees: 38,000

CEO: Mr. Rocco Gori

TSX: MFC +0.46%

Market Cap

C$65.74 Billion

CAD as of July 1, 2024

US$47.86 Billion

Market Cap History

Company Description

Manulife Financial Corporation is a multinational insurance and financial services company. Operating in Canada and Asia as Manulife, the company primarily operates in the United States through its subsidiary, John Hancock Financial. Manulife Financial Corporation also fully owns the Manulife Bank of Canada.

Manulife Financial Corporation market capitalization over time

Evolution of Manulife Financial Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Manulife Financial Corporation

Detailed Description

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; And Corporate and Other segments. The Wealth and Asset Management Businesses segment provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life, annuity, long-term care, and financial reinsurance; and fund management businesses. Additionally, the company holds and manages provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.

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Product & Services

Asset management, Commercial banking, Commercial mortgages, Consumer banking, Group benefits, Insurance, Investments, Mutual funds, Private banking, Real estate, Reinsurance, Securities, Underwriting, Wealth management

Key People

Roy Gori (president and chief executive officer) John Cassaday (chairman of the board of directors)

Financials

Revenue: CA$39.0 billion (2018)

Net income: CA$5.9 billion (2020)


Total assets: CA$750.3 billion (2018)

Total equity: CA$47.2 billion (2018)

Details

Headquarters:

200 Bloor Street East

NT 9

Toronto, ON M4W 1E5

Canada

Phone: 416-926-3000

Fax: 416-926-3503