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Finance and Insurance | Direct Life Insurance Carriers
Market Value: $29.73 Billion
Shares: 1,897,059,732
52-Week Range: 15-21
MFC www.manulife.com HQ: Toronto, Canada
IPO: 1999-09-24 Year Founded: 1999
Core Business: Manulife Financial Corp. is a financial services company, which engages in the provision of financial protection and wealth management products and services. It operates through the following business segments: Asia, Canada, U.S., Global Wealth & Asset Management and Corporate & Other. The Asia segment provides insurance products and insurance-based wealth accumulation products in Asia. The Canada segment provides insurance products, insurance-based wealth accumulation products and banking services in Canada. The U.S. segment provides life insurance products, insurance-based wealth accumulation products, digital advice solutions and administering in-force long-term care insurance and annuity businesses in the U.S. The Global Wealth & Asset Management segment provides fee-based wealth solutions to retail, retirement and institutional customers. The Corporate & Other segment comprises of investment performance on assets backing capital, net of amounts allocated to operating segments, financing costs, costs incurred by the corporate office related to shareholder activities, Property & Casualty Reinsurance business and run-off reinsurance business lines.
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