CA56501R1064 - Common Stock
MANULIFE FINANCIAL CORP
TSX:MFC (4/19/2024, 6:00:00 PM)
31.72
+0.28 (+0.89%)
Manulife Financial Corp. engages in the provision of financial services. The company is headquartered in Toronto, Ontario and currently employs 40,000 full-time employees. The firm operates as Manulife across its offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. The company provides financial advice, insurance, and wealth and asset management solutions for individuals, institutions, and retirement plan members worldwide. Its segments include Asia, Canada, Global WAM, and Corporate and Other. The Asia segment provides insurance products and insurance-based wealth accumulation products. The Canada segment provides insurance products, insurance-based wealth accumulation products, and banking services and has an in-force variable annuity business. Global WAM segment provides investment advice and solutions to its retail, retirement, and institutional clients. The company provides life insurance products, insurance-based wealth accumulation products and has an in-force long-term care insurance business.
MANULIFE FINANCIAL CORP
200 Bloor St East, Nt-10
TORONTO ONTARIO M4W 1E5
P: 14169263000
CEO: Anil Wadhwani
Employees: 40000
Website: https://www.manulife.com/
Manulife Financial Corp. has struck another deal to offload some of its less-profitable assets, agreeing to reinsure C$5.8 billion ($4.3 billion) of Canadian policies with RGA Life Reinsurance Co. of Canada.
Manulife Financial Corp. is facing a divided global office market, with the value of its US office investments having plummeted by as much as 40% from a pre-pandemic peak, according to Chief Financial Officer Colin Simpson.
/CNW/ - Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable companies. Now in its 20th...
Manulife Financial Corp. agreed to reinsure C$13 billion ($10 billion) of reserves with KKR & Co.’s Global Atlantic Financial Group and its partners in a deal the company said is the largest long-term care reinsurance transaction in the industry’s history.
Billionaire Michael Hintze has abandoned his dream of becoming an asset-management powerhouse — at least for now.
Manulife Financial Corp. cut 250 jobs in its wealth and asset management unit, trimming staff at offices in the US, Canada, the UK and Asia.
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