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Manulife Financial Corporation

 
Hoover's Profile: Manulife Financial Corporation
(NYSE:MFC) (Toronto:MFC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Manulife Financial Corporation
200 Bloor St. East, NT 11
Toronto, Ontario M4W 1E5, Canada
Tel. 416-926-3000
Fax 416-926-3041

Type: Public
On the web: http://www.manulife.com
Employees: 24,000
Employee growth: 9.1%

Manulife, the holding company for The Manufacturers Life Insurance Company and John Hancock Financial Services, has gone mano a mano with its competitors. Manulife provides individual life insurance, group life and health, group pension products, variable annuities, wealth management, and other financial products through its US, Canadian, Asian, and Japanese operating divisions. Manulife's reinsurance division provides life, health, and accident reinsurance and is one of North America's top life retrocessionaires (firms that reinsure reinsurers). The company also provides investment management, real estate, and lending services.

Key numbers for fiscal year ending December, 2008:
Sales: $26,989.9M
One year growth: (25.4%)
Net income: $406.4M
Income growth: (90.5%)

Officers:
Chairman: Gail C. A. Cook-Bennett
President and CEO: Donald A. Guloien
COO; President and CEO, John Hancock Financial Services, Inc.: John D. DesPrez III

Competitors:
ING
MetLife
Sun Life

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