Manulife Financial Corp, also known as Manulife, is a leading international financial services group based in Toronto, Canada. The company was founded in 1887 as The Manufacturers Life Insurance Company and has since grown into a global organization with a presence in more than 20 countries. Manulife provides a wide range of financial products and services, including life insurance, health insurance, retirement solutions, investment management, and wealth management.
Manulife operates primarily in Canada, the United States, and Asia. In Canada, it is one of the largest life insurance companies and offers a comprehensive suite of financial products and services to individuals, families, and businesses. In the United States, Manulife operates through its subsidiary, John Hancock, which is known for its insurance and investment products. In Asia, the company has a significant presence in countries such as China, Hong Kong, Singapore, and Japan, where it serves a growing middle-class population.
The company is listed on several stock exchanges, including the Toronto Stock Exchange (TSX) in Canada and the New York Stock Exchange (NYSE) in the United States. Manulife is a component of major stock market indices such as the S&P/TSX 60 Index and the S&P 500 Index, reflecting its prominence in the financial industry.
The company has embraced technology to enhance customer experiences, streamline operations, and drive growth. Manulife has developed mobile apps and online platforms that enable customers to access their insurance policies, manage investments, and receive personalized financial advice. This commitment to digital innovation has positioned Manulife as a forward-thinking leader in the financial services sector.
The company provides various types of life insurance policies to individuals, including term life insurance, whole life insurance, and universal life insurance. These policies offer financial protection and security to policyholders and their families in the event of death, providing benefits and financial support when it is needed most. Manulife's life insurance products are designed to meet the diverse needs of individuals at different stages of life, ensuring peace of mind and financial stability.
In recent years, Manulife has also expanded its product portfolio to include retirement and investment solutions. The company offers a range of retirement savings plans, annuities, and investment products that help individuals grow and manage their wealth. With its extensive expertise in investment management, Manulife provides access to a diverse selection of funds and investment strategies to help clients achieve their financial goals.