Manulife Financial Corporation is a American insurance and investment company, one of the largest in terms of scale (presence in the states), collected insurance premiums, assets and reserves in the United States. The main regions of activity are Canada, the USA and Southeast Asia.
In 2015, the company was ranked 57th in the world in the ranking of investment funds in terms of financial assets. At the end of 2016, assets under management amounted to C $ 977 billion (US $ 728 billion. In 2003, the company merged with Jоhn Hаncоck Lifе Insurаnce Cоmpany. In 2014, Canadian subsidiaries of the British insurance company Standard Life were purchased for $ 3.7 billion.
In 2015 and 2016, Manulife significantly increased its presence in the pension insurance market by purchasing the respective subsidiaries New York Lifе Insurance Cоmpany and Stаndаrd Сhartered PLC.
Richard B. DeWolfe — Chairman of the Management Board since 2013, Member of the Board of Directors since 2004.
Donald A. Guloien — has been CЕO since 2009.
For 2017, the total assets of the group of companies as of December 31, 2017 amounted to € 901.3 billion, the turnover for 2017 was € 126.15 billion, the aggregate net profit of the group in 2017 was € 7.2 billion, the total capital under the management of Manulife Financial Corporation. In 2017, the company ranked 5th among the largest investment companies in the world (after four American ones) in terms of assets under management ($ 2.358 trillion).
In 2016, in the structure of revenue, the main part was accounted for by insurance premiums, C $ 27.6 billion out of C $ 53.3 billion in turnover, another C $ 13.4 billion brought investment income; insurance payments, annuities and other payments totaled C $ 25.9 billion. The company serves about 22 million customers. The company’s staff is about 35 thousand, as well as 70 thousand agents, in the distribution of insurance and investment products Manulife involved independent representatives and partner companies.
The main divisions of the company:
Canada — the main office of the division is located in Waterloo, Ontario;
USA — the division is headquartered in Boston, Massachusetts, with a turnover of C $ 20.6 billion and assets of C $ 384 billion.
Asia — the main office of the division is located in Hong Kong, there are also branches in China, Macau, Vietnam; the division’s revenue was C $ 19.3 billion, assets — C $ 92.8 billion.
Official site: http://www.manulife.com/