Manulife Financial Corp - Company Profile
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Manulife Financial Corp (MFC) is a global financial services company engaged in providing a range of insurance and wealth management products. The company's main activities include offering life insurance, insurance-based wealth accumulation products, and investment solutions. MFC serves individual and institutional clients, providing solutions for health, wealth, and financial well-being across various industries. The company utilizes a diversified distribution network, including contracted agents, bank partnerships, and financial advisors. It operates in multiple geographic locations, with significant markets in Asia, Canada, and the US. MFC is headquartered in Toronto, Ontario, Canada.
Headquarters
Canada
Address
200 Bloor Street East, Toronto, Ontario, M4W1E5
Website
www.manulife.com
Telephone
1 416 9263000
No of Employees
37,000
Industry
Financial Services
Ticker Symbol & Exchange
MFC (TSE)
Revenue (2024)
$27.7B
3.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
2.7%
(2024 vs 2023)
Market Cap*
$67.5B
Net Profit Margin (2024)
XYZ
-0.7%
(2024 vs 2023)
* As of and is in US$
Manulife Financial Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Life Insurance: | Asset Management | MIM |
| Term Insurance | Wealth Management | Manulife |
| Permanent Life Insurance | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company and Mahindra signed a partnership to form the JV company as Mahindra Manulife Insurance Limited. |
| 2026 | Contracts/Agreements | In March, the company partnered with Guardant Health to launch the Shield multi-cancer detection test in Asia, enhancing access to early cancer detection. |
| 2026 | Contracts/Agreements | In March, the company selected Akka as a partner for its enterprise agentic AI platform, adding Akka’s runtime to enhance security, reliability and performance as AI scales across critical workflows. |
Competitor Comparison
| Key Parameters | Manulife Financial Corp | Great-West Lifeco Inc | Sun Life Financial Inc | iA Financial Corp Inc | The Empire Life Insurance Co |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Toronto | Winnipeg | Toronto | Quebec | Kingston |
| State/Province | Ontario | Manitoba | Ontario | Quebec | Ontario |
| No. of Employees | 37,000 | 33,430 | 32,151 | 10,103 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Philip J. Witherington | President; Chief Executive Officer; Director | Executive Board | 2025 | 49 |
| Colin Simpson | Chief Financial Officer | Senior Management | 2023 | - |
| Karen Ann Leggett | Chief Marketing Officer | Senior Management | 2020 | - |
| Pragashini Fox | Chief People Officer | Senior Management | - | - |
| Halina Von Dem Hagen | Chief Risk Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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