Manulife (MFC) has leveraged its strong Canadian foundation to drive international growth, particularly in Asia. MFC's recent performance is highlighted by strong Q3 2025 results and a new growth strategy targeting India, the U.S., and Canada. Challenges in the U.S. long-term care segment have been mitigated through reinsurance, supporting MFC's overall earnings stability.
MFC's Q3 results reflect solid business growth in Global WAM, Asia, and Canada, higher sales volumes, and higher investment spreads.
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| Insurance Industry | Financials Sector | Philip James Witherington CEO | TSX Exchange | CA56501R1064 ISIN |
| CA Country | 37,000 Employees | 26 Nov 2025 Last Dividend | 5 Jun 2006 Last Split | - IPO Date |
Manulife Financial Corporation is a global financial services group that offers a broad range of products and services including insurance, annuities, wealth and asset management to a diverse clientele spanning the United States, Canada, Asia, and other international markets. Founded in 1887 and based in Toronto, Canada, Manulife operates through several key business segments: Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other. The company serves retirement, retail, and institutional clients through various distribution channels and has expanded its offerings to include banking products and services as well as managing sizeable timberland and agricultural portfolios. It also participates in property and casualty reinsurance, alongside running a spectrum of subsidiary operations in insurance agency, investment counseling, portfolio and mutual fund management, among other financial services.
This segment delivers investment advice and solutions targeted at retirement, retail, and institutional clients. Distribution is achieved via a network of company-affiliated agents and brokers, independent brokerage firms and financial advisors, pension plan consultants, and banking institutions. The services are designed to cater to clients' varied investment needs, guiding them towards achieving their financial goals.
Manulife offers a comprehensive suite of deposit and credit products, alongside individual life insurance, and individual and group long-term care insurance options. The segment also focuses on guaranteed and partially guaranteed annuity products. Distribution channels encompass insurance agents, brokers, banks, financial planners, and direct marketing strategies, aiming to provide financial security and retirement planning solutions.
This diverse segment includes the company's property and casualty reinsurance operations and run-off reinsurance operations, which cater to specific markets such as variable annuities, and accident and health. Additionally, Manulife manages timberland and agricultural portfolios, reflecting its investment in natural resources and sustainable practices.
Beyond these core segments, Manulife engages in a variety of financial service ventures, including but not limited to insurance agency operations, investment counseling and dealer services, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer services. Furthermore, the company has branched into integrated banking services, underscoring its comprehensive approach to financial solutions.