- Business
- Manulife Financial Corporation Manulife Financial Corp (0945.HK) is a leading international financial services provider that offers financial protection products and wealth management solutions to individuals, groups, and businesses. The company provides life insurance, health insurance, annuities, pension products, mutual funds, segregated funds, exchange-traded funds, retirement plans, reinsurance services, and integrated banking products through its subsidiaries including Manulife Bank of Canada and John Hancock in the United States; it operates primarily under the Manulife brand in Canada, Asia, and Europe, and as John Hancock in the U.S., with global headquarters in Toronto, Canada, where it traces its origins to 1887 as The Manufacturers Life Insurance Company. Manulife conducts business across Canada, the United States, Asia, and other international markets, serving over 36 million customers through more than 37,000 employees, 109,000 agents, and extensive distribution partners, while managing substantial assets in institutional and retail segments including timberland and agricultural portfolios. In recent developments, Manulife announces a refreshed enterprise strategy in November 2025 emphasizing growth in high-potential markets and announces a 50:50 life insurance joint venture with Mahindra Group in India, building on their existing asset management collaboration with up to US$400 million total capital commitment; the company plans to acquire a 75% stake in Comvest Credit Partners adding US$14.7 billion to its global wealth and asset management platform, expected to close in Q4 2025 and be immediately accretive to earnings; additionally, Manulife expands its segregated fund lineup in Canada with new offerings from Fidelity Investments including global balanced, growth, and innovators funds, as well as BlackRock-managed index funds tracking Canadian, U.S., and international equities, enhancing options for advisors and clients in GIF Select and RESP products.