Manulife Financial

Manulife Financial Corporation is a leading international financial services group headquartered in Toronto, Ontario, Canada. Operating under the Manulife brand in Canada, Asia, and Europe, and primarily as John Hancock in the United States, the company offers a diverse range of financial products and services, including life insurance, annuities, and asset management solutions. As of the end of 2023, Manulife managed approximately CAD 1.05 trillion in assets under management and administration, serving around 35 million customers worldwide. The company's strategic focus includes portfolio optimization, aiming to deliver superior returns and cash generation while reducing risk and volatility. Manulife has been actively expanding its presence in Asia, with the region contributing significantly to its earnings growth. In 2024, the company reported a 40% rise in earnings from its Asia operations, underscoring its commitment to this key market. Additionally, Manulife has engaged in substantial reinsurance deals to de-risk its business and enhance shareholder returns, such as the $4.3 billion agreement with RGA Life Reinsurance in 2024.