Manulife Financial
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| Manulife Financial | |
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| Type | Public (TSX: MFC) |
|---|---|
| Founded | 1887 |
| Headquarters | Toronto, Ontario, Canada |
| Key people | Dominic D’Alessandro, President and Chief Executive Officer Arthur R. Sawchuk, Chairman of the Board of Directors |
| Industry | Financial Services (Insurance) |
| Revenue |  $32.0 billion CAD (2005) |
| Net income | $4 billion CAD (2005) |
| Employees | 20,000 |
| Website | http://www.manulife.com/ |
Manulife Financial, also known as The Manufacturers Life Insurance Company, (NYSE: MFC, TSX: MFC, SEHK: 945, PSE: MFC) is a Canadian insurance company.
Manulife Financial was founded in 1887 by Sir John A. Macdonald and is headquartered in the city of Toronto. In 1897, Manulife Financial expanded its operations into Asia, including China and Hong Kong. Its UK subsidiary, known as ManuLife UK and based in Stevenage was acquired by Canada Life Financial in 1995.
The company now has offices in Canada, the United States (through John Hancock Insurance) and Asia throughout 19 countries and territories worldwide with 46,000 employees and agents. [1]
Manulife Financial is the largest insurance company in Canada, the second largest in North America and the world's fifth largest, based on market capitalization.
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[edit] Chequing account
Manulife Financial has a type of chequing account called the Manulife Advantage. Their payout is high when compared against other banks. Currently their rate is at 3.75%/year.
[edit] Corporate governance
Current members of the board of directors of Manulife Financial are: John Cassaday, Lino Celeste, Gail Cook-Bennett, Thomas d'Aquino, Dominic D'Alessandro, Richard DeWolfe, Robert Dineen, Pierre Ducros, Allister Graham, Thomas Kierans, Lorna Marsden, Arthur Sawchuk (chairman), Hugh Sloan, Gordon Thiessen. Former director Michael Wilson resigned as director after 11 years, on being appointed Canadian ambassador to the United States of America in March 2006.
[edit] Sponsorship
Manulife Financial is worldwide sponsor for 2008 Summer Olympics . The sponsorship was acquired along with John Hancock Financial Services.
[edit] See also
[edit] References
- ^ http://www.manulife.com/corporate/corporate2.nsf/LookupFiles/DownloadableFile2005AnnualReport/$File/2005AnnualReport.pdf 2005 Annual Report]
[edit] External links
- Manulife Financial Corporate website
- Manulife Financial Canada website
- John Hancock Insurance and Financial Services United States website
- MFC Global Investment Management
- Manulife Financial Asia website (except Japan)
- Manulife Financial Hong Kong website
- Manulife Financial Japan website
- Manulife Financial Indonesia website
- Manulife Financial Corporation at The Canadian Encyclopedia
- Manulife Malaysia website
- Manulife Financial Taiwan website
- Manulife Financial stock chart
Categories: Companies listed on the Toronto Stock Exchange | Companies listed on the New York Stock Exchange | Companies listed on the Hong Kong Stock Exchange | Companies listed on the Philippine Stock Exchange | Insurance companies of Canada | Insurance companies of Hong Kong | S&P/TSX 60 Index | Companies based in Toronto | Financial services companies of Canada | Companies established in 1887
