Company
Manulife Financial Corporation
Headquarters: Toronto, ON, Canada
Founded: June 23, 1887
Employees: 38,000
CEO: Mr. Rocco Gori
Market Cap
C$45.51 Billion
CAD as of July 1, 2023
US$34.35 Billion
Manulife Financial Corporation Categories
Canada
languages
Financials
languages
Insurance—Life
Canada Financials
Canada Insurance—Life
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.
Top Competitors by Market Capitalization
Industry: Insurance—Life
| Company | Market Cap (USD) |
|---|---|
Ping An Insurance
|
$116.70 B |
AIA Group
|
$114.13 B |
|
China Life
|
$109.53 B |
MetLife, Inc.
|
$46.76 B |
|
Aflac Incorporated
|
$42.60 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
|
Berkshire Hathaway
|
$749.90 B |
|
Visa
|
$511.33 B |
|
JPMorgan
|
$430.80 B |
|
Mastercard
|
$382.39 B |
|
Bank of America
|
$231.26 B |
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.
Stocks & Indices
Manulife Financial Corporation has the following listings and related stock indices.
Stock: TSX: MFC
Stock: NYSE: MFC
Stock: BMV: MFCN
Stock: FSX: MLU
Stock: HKEX: 0945
Stock: OTC: MNLFF
Stock: OTC: MNQFF
Stock: OTC: MNUFF
Stock: TSX: MFC.PR.B
Stock: TSX: MFC.PR.C
Stock: TSX: MFC.PR.F
Stock: TSX: MFC.PR.G
Stock: TSX: MFC.PR.H
Stock: TSX: MFC.PR.I
Stock: TSX: MFC.PR.J
Stock: TSX: MFC.PR.K
Stock: TSX: MFC.PR.L
Stock: TSX: MFC.PR.M
Stock: TSX: MFC.PR.N
Stock: TSX: MFC.PR.O
Stock: TSX: MFC.PR.P
Stock: TSX: MFC.PR.Q
Stock: TSX: MFC.PR.R
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)