Manulife Financial

Manulife Financial

Provides insurance and investment solutions globally

About Manulife Financial

Simplify's Rating
Why Manulife Financial is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1887

Overview

Manulife provides a variety of financial services, including life and health insurance, wealth management, and retirement solutions. The company helps individuals, businesses, and institutions manage financial risks and grow their wealth across key markets like North America, Asia, and Europe. Manulife's products work by collecting premiums from policyholders, charging fees for asset management, and generating income from investments. What sets Manulife apart from its competitors is its focus on using advanced analytics and technology to offer personalized services that help clients meet their financial goals. The company's goal is to support customers in achieving their dreams and aspirations through effective financial solutions.

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Simplify's Take

What believers are saying

  • Manulife's focus on digital health solutions aligns with industry trends and customer needs.
  • The rise of ESG investing offers Manulife opportunities to expand sustainable investment options.
  • AI and machine learning in underwriting improve Manulife's risk assessment and pricing accuracy.

What critics are saying

  • Increased competition from fintechs could erode Manulife's market share.
  • Digital-only insurers in Asia pose a threat with lower premiums and faster service.
  • Transition to IFRS 17 and IFRS 9 may increase financial reporting volatility for Manulife.

What makes Manulife Financial unique

  • Manulife leverages advanced analytics to offer personalized financial services globally.
  • The company collaborates with the World Economic Forum to address demographic challenges in Asia.
  • Manulife's strategic partnerships enhance access to quality healthcare for its customers.

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Funding

Total Funding

$1116.7M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Mental Health Support

Wellness Program

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Flexible Work Hours

Company News

PR Newswire
Mar 27th, 2025
Manulife And Uplink, A World Economic Forum Initiative, Launch The 'Innovating For Asia'S Demographic Future Challenge'

This challenge is the second of three in a multiyear partnership to help shape the future of longevity innovationHONG KONG, March 26, 2025 /PRNewswire/ - Manulife launched the 'Innovating for Asia's Demographic Future Challenge' through UpLink, the World Economic Forum's early-stage innovation initiative to tackle the world's biggest challenges. Together, Manulife, UpLink and the Forum's Centre for Financial and Monetary Systems, invite start-ups, innovators, and changemakers with solutions for enabling long-term financial resilience, well-being, and fulfillment across multi-stage lives in Asia to participate."To help people live better for longer, we must fundamentally rethink traditional approaches to investments, insurance, health care, and workforce participation," said Sarah Chapman, Global Chief Sustainability Officer for Manulife. "This challenge is an opportunity to drive investment in innovations that are truly going to move the needle to address demographic trends shaping the future of Asia in an effort to improve health, wealth, and quality of living outcomes for generations to come."By 2050, one in four people in Asia will be over the age of 60i. This profound demographic shift is driven by longer life expectancies and declining fertility rates. As countries in Asia adapt to these changes, people may no longer follow the traditional 'school, work, retirement' paradigmii. Instead, they transition more frequently between learning, working, caring, and recreationiii

Markets Gone Wild
Mar 26th, 2025
Manulife and Uplink: Launching the Innovating for Asia's Demographic Future Challenge at the World Economic Forum

Manulife and uplink: launching the Innovating for Asia's Demographic Future Challenge at the World Economic Forum.

Bizhub
Mar 25th, 2025
Manulife opens new office in HCM City

Manulife opens new office in HCM City.

PR Newswire
Mar 21st, 2025
Manulife'S Management Information Circular And Annual Report Now Available

C$ unless otherwise stated                                                                                                             TSX/NYSE/PSE: MFC    SEHK: 945. TORONTO, March 21, 2025 /PRNewswire/ - Manulife's Management Information Circular and 2024 Annual Report are being delivered to shareholders and are now available at manulife.com. The Management Information Circular (the "Circular") contains information about the annual meeting of shareholders of Manulife Financial Corporation, including details on how to attend the meeting and information relating to the election of directors and the appointment of auditors. The meeting will be held in person and by live webcast on May 8, 2025 at 11:00 a.m. EST

PR Newswire
Mar 18th, 2025
Manulife Names Steve Finch Asia President And Ceo

TSX/NYSE/PSE: MFC SEHK: 945Former Chief Actuary to Succeed Phil Witherington Effective May 9thTORONTO and HONG KONG , March 17, 2025 /PRNewswire/ - Manulife announced that Steve Finch has been appointed President and CEO of Manulife Asia, effective May 9th. Mr. Finch succeeds Phil Witherington who has been appointed Manulife's President and CEO, also effective May 9th.Mr. Finch currently serves as Manulife's Chief Actuary and has been a member of Manulife's Executive Leadership team since 2016.Mr. Finch has contributed significantly to Manulife's transformation and financial performance, including through several historic transactions that validated the prudence of the company's reserves, and supporting the transition to IFRS 17 and IFRS 9 accounting standards. He is a proven leader across both functional and commercial areas of Manulife's business

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