What does Manulife Financial do?

Manulife sells life insurance, long-term care insurance, and annuities to individuals and groups in Canada, the US, and Asia. It also manages investments and retirement savings for individuals, pension plans, and institutions. In addition, it offers banking products and manages timberland and farmland portfolios.

Financial Services · Insurance - Life · 0945.HK

What Manulife Financial Does & How It Makes Money (0945.HK)

Updated October 2026 · reflects Manulife Financial's latest reported financials

Canadian life insurer and global wealth and asset manager. It collects insurance premiums and annuity deposits, then invests them to earn a spread over what it owes policyholders.

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How Manulife Financial makes money

It collects insurance premiums and annuity deposits, then invests them to earn a spread over what it owes policyholders. It also charges fees on assets it manages for retirement, retail, and institutional clients.

What Manulife Financial does

Manulife Financial Corporation is a Toronto-based financial services group founded in 1887, operating across Canada, the United States, Asia, and other markets. Its business has three segments. Wealth and Asset Management serves retirement, retail, and institutional clients through agents, brokers, independent advisors, pension consultants, and banks. Insurance and Annuity Products covers individual life insurance, individual and group long-term care, guaranteed annuities, and deposit and credit products. A Corporate and Other segment holds property and casualty reinsurance and run-off reinsurance, including variable annuities and accident and health. Manulife also manages timberland and agricultural portfolios, runs broker-dealer and fund management operations, and offers integrated banking services. This gives it income from insurance underwriting, investment spreads, and asset management fees.

Products & services

Individual life insurance
Long-term care insurance
Guaranteed and partially guaranteed annuities
Retirement and pension plan solutions
Mutual fund and asset management
Integrated banking products

Fair value: not published

For insurers, premiums and claims reserves (the float) drive the cash flows, so free cash flow doesn't measure what owners earn — and TacticScale's fair value is built on it, so it doesn't publish a number here.

We show a fair value only when the method is trustworthy. See Manulife Financial on TacticScale →

Sector Financial Services Industry Insurance - Life HQ Canada Ticker 0945.HK Official site

Related companies

MetLife (MET) · New China Life Insurance (601336.SS) · Primerica (PRI)

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