Manulife Financial (NYSE:MFC)oration is a leading international financial services group offering insurance, wealth and asset management solutions to individual and institutional clients. The company provides a broad range of life and health insurance products, retirement and long-term savings plans, mutual funds, group benefits and group retirement solutions. It also delivers specialized wealth management services through segregated funds and investment portfolios tailored to meet the needs of retirement, estate and philanthropic planning.
Headquartered in Toronto, Ontario, Manulife operates in three core markets: Canada, the United States and Asia. In Canada it serves personal and business clients with life and health insurance, group benefits and retirement savings products. In the U.S. it does business as John Hancock, offering mutual funds, retirement planning, annuities and life insurance. In Asia, Manulife has a significant presence in markets including Hong Kong, mainland China, Japan, Singapore, the Philippines and Vietnam, offering a mixture of savings, protection and wealth planning products adapted to local market needs.
Founded in 1887 as Manufacturers Life Insurance Company, Manulife has grown through a combination of organic expansion and strategic acquisitions. The creation of Manulife Financial Corporation in 1999 reorganized the business into a publicly traded holding company structure, while the 2004 acquisition of John Hancock Financial strengthened its North American footprint. Over time the company has invested in digital platforms and data analytics to enhance customer experience and streamline underwriting and claims processing.
Under the leadership of President & CEO Roy Gori, Manulife is focused on delivering sustainable, long-term growth through disciplined capital management and innovation in customer engagement. The company emphasizes a diversified business model, balancing protection products with fee-based wealth management revenues, and continues to expand its digital capabilities to better serve clients across multiple channels and geographies.
