Manulife
Manulife Financial Corporation (also known as Financière Manuvie in Quebec) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. As of December 2021, the company employed approximately 38,000 people and had 119,000 agents under contract, and has CA$1.4 trillion in assets under management and administration. Manulife at one point serviced over 26 million customers worldwide.
Manulife headquarters on Bloor Street in Downtown Toronto | |
| Formerly | The Manufacturers Life Insurance Company |
|---|---|
| Company type | Public |
| TSX: MFC NYSE: MFC SEHK: 945 PSE: MFC | |
| Industry | Financial services (insurance) |
| Founded | June 23, 1887 |
| Headquarters | 200 Bloor Street East Toronto, Ontario, Canada M4W 1E5 |
Area served | North America Asia |
Key people | Roy Gori (president and chief executive officer) John Cassaday (chairman of the board of directors) Naveed Irshad (CEO of Canadian operations) |
| Products | Asset management, Commercial banking, Commercial mortgages, Consumer banking, Group benefits, Insurance, Investments, Mutual funds, Private banking, Real estate, Reinsurance, Securities, Underwriting, Wealth management |
| Revenue | CA$39.0 billion (2018) |
| CA$5.9 billion (2020) | |
| AUM | CA$1.084 trillion (2018) |
| Total assets | CA$750.3 billion (2018) |
| Total equity | CA$47.2 billion (2018) |
Number of employees | 34,000 employees and 63,000 agents (2015) |
| Subsidiaries |
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| Website | www |
Manulife is the largest insurance company in Canada and the 28th largest fund manager in the world based on worldwide institutional assets under management (AUM).
Manulife Bank of Canada is a wholly owned subsidiary of Manulife.