Manulife Financial

Manulife Financial Corporation

Manulife headquarters on Bloor Street of Toronto.
Type	Public
Traded as	: MFC : MFC : 945 : MFC
Industry	Financial Services (Insurance)
Founded	1887; 130 years ago (1887)
Headquarters	Toronto, Ontario, Canada
Key people	Donald Guloien, President and Chief Executive Officer Richard DeWolfe, Chairman of the Board of Directors
Products	Asset management, Commercial banking, Commercial Mortgages, Consumer banking, Group benefits, Insurance, Investments, Mutual funds, Private banking, Real estate, Real estate, Reinsurance, Securities, Underwriting, Wealth Management
Revenue	$34,430 million CAD (2015)
Net income	$2,191 million CAD (2015)
AUM	$935,176 million CAD (2015)
Total assets	$704,643 million CAD (2015)
Total equity	$41,938 million CAD (2015)
Number of employees	34,000 employees and 63,000 agents (2015)
Subsidiaries	John Hancock Financial Manulife Asset Management Manulife Bank of Canada
Website	http://www.manulife.com/

Manulife or Manulife Financial is a Canadian insurance company and financial services provider, with its corporate headquarters in Toronto, Ontario, Canada. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. As of December 2015, the company employed approximately 34,000 people and had 63,000 agents under contract, and has $935 billion CAD in assets under management and administration. Manulife Services over 20 million customers worldwide.

Manulife is the largest insurance company in Canada and the 28th largest fund manager in the world based on worldwide institutional AUM.

Manulife Bank of Canada is a wholly owned subsidiary of Manulife.

Manulife was incorporated as "The Manufacturers Life Insurance Company" by Act of Parliament on 23 June 1887 and was headed by Canada's prime minister, Sir John A. Macdonald, and Ontario's lieutenant-governor, Sir Alexander Campbell (there were no conflict-of-interest guidelines at the time and it was not unusual for public persons to be involved in private industry). The idea for the company came from J.B. Carlile, who came to Canada as an agent for the North American Life Assurance Company. It was his first-hand experience on which the new company's product portfolio was based.

The firm was founded as The Manufacturers Life Insurance Company in 1887. Its first president was Sir John A. Macdonald, the first Prime Minister of Canada. The company sold its first policy outside of Canada in Bermuda in 1893. In 1894, policies were sold in Grenada, Jamaica and Barbados; Trinidad and Tobago, and Haiti in 1895; and British Honduras, British Guiana, China and Hong Kong in 1897.