Description

Manulife Financial Corporation, along with its various affiliates, delivers a diverse range of financial products and services globally, with significant operations across the United States, Canada, and Asia. Its activities are categorized into three main business segments: Wealth and Asset Management, Insurance and Annuity Products, and Corporate and Other. The Wealth and Asset Management division specializes in offering investment guidance and solutions to retirement, individual, and institutional clients. These are distributed via various channels, such as affiliated agents, independent financial advisors, brokerage firms, pension consultants, and banking partners. The Insurance and Annuity Products segment provides deposit and credit offerings, along with individual life insurance, both individual and group long-term care insurance, and various guaranteed or partially guaranteed annuity products. Distribution occurs through insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment encompasses property and casualty reinsurance activities and manages run-off reinsurance portfolios, which include variable annuities and accident and health coverage. Additionally, the corporation oversees timberland and agricultural investment portfolios. Its diverse operations also span insurance agency services, investment counseling, securities dealing, portfolio and mutual fund management, property and casualty insurance underwriting, and mutual fund distribution. Integrated banking products and services are also part of its offerings. Established in 1887, Manulife Financial Corporation is headquartered in Toronto, Canada.