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About
Manulife Financial Corp. engages in the provision of financial protection and wealth management products and services. It operates through the following divisions: Asia, Canadian, U.S., and Corporate and Other. The Asia division offers portfolio of products and services including life and health insurance, annuities, mutual funds and retirement solutions. The Canadian division includes portfolio of protection, estate planning, investment, and banking solutions. The U.S. division involves in providing financial solutions. The Corporate and Other division comprises of investment performance on assets backing capital. The company was founded on April 1, 1999 and is headquartered in Toronto, Canada. | |||
Description
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. It offers various individual life, and individual and group long-term care insurance through insurance agents, brokers, banks, financial planners, and direct marketing. The company also provides pension contracts and mutual fund products and services; various retirement products to group benefit plans; and annuities, single premium, and banking products, such as deposit and credit products to Canadian customers, as well as non-guaranteed, partially guaranteed, and fully guaranteed investment options through general and separate account products. It distributes wealth and asset management products through insurance agents and brokers affiliated with the company, securities brokerage firms, financial planners, pension plan sponsors, pension plan consultants, and banks. In addition, the company is involved in the asset management business; property and casualty reinsurance business; and run-off reinsurance operations, including variable annuities, and accident and health. Further, it manages timberland and agricultural portfolios; and insurance agency, investment counseling, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and mutual funds marketing businesses, as well as investment management, advisory, and dealer activities. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; and develops and operates hydro-electric power projects. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada. |