Manulife Financial

Manulife Financial

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Manulife Financial

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Description:
Manulife Financial Corporation (, , , ), is a Canadian insurance company and financial services provider. Manulife Financial's global head office is located in Toronto, Canada and the Company has operations in 22 countries and territories worldwide.

The Company operates in Canada and Asia through the brand name “Manulife Financial” and in the United States primarily through its John Hancock division.

Manulife Financial is one of the largest life insurance companies in the world as measured by market capitalization.

Manulife currently has approximately 24,000 employees world-wide.

History

The Manufacturers Life Insurance Company was founded in 1887. Its first president was the first Prime Minister of Canada, Sir John A. Macdonald. In 1897, Manulife Financial expanded its operations into Asia, including China and Hong Kong.

In 1999, The Manufacturers Life Insurance Company’s voting eligible policyholders approved demutualization. Later that year, the shares of Manulife Financial Corporation, the holding company of The Manufacturers Life Insurance Company and its subsidiaries, began trading on The Toronto Stock Exchange (TSX), the New York Stock Exchange (NYSE) and the Philippine Stock Exchange (PSE) under the ticker 'MFC', and on The Stock Exchange of Hong Kong (SEHK) under the ticker ‘945’.

In 2002, Manulife–Sinochem Life Insurance Co. Ltd. was granted approval by the China...
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