The Manufacturers Life Insurance (Co.) Phils. Inc.
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The Manufacturers Life Insurance (Co.) Phils. Inc.
TSX/NYSE/PSE: MFC SEHK:945 February 2015 Manulife Philippines Background The Manufacturers Life Insurance (Co.) Phils. Inc. (“Manulife Philippines”) has operated as a wholly-owned domestic subsidiary of Manulife Financial Corporation since January 1, 1999. Prior to incorporation, Manulife operated a Philippine branch from February 1907 to December 1998. The first Manulife life insurance policy was sold in the Philippines in 1901. Manulife Philippines operates a pre-need subsidiary: Manulife Financial Plans, Inc. (MFP), and a bancassurance joint venture company, Manulife Chinabank Life Assurance Corporation with China Banking Corporation. Financial Solutions Manulife Philippines offers a suite of protection, wealth, savings, education and health products that address the financial needs of our clients and their families. Among our most recently introduced products are: Manulife Secure Savings (October 2014): a guaranteed insurance product that allows the policyholder to build up their savings and help fund their dreams, providing them a variety of guaranteed cash benefits and life insurance protection all in one. Manulife Affluence Income (April 2014): a single-pay variable life insurance product that aims to give policyholders regular payouts from their investments while providing exposure to the growth and capital appreciation potential of the Philippine financial markets. Manulife Horizons (November 2013): a protection-oriented investment-linked insurance product designed to address the client’s life insurance needs at any stage of their life and to offer upside potential on their investments. Manulife Affluence Builder (November 2013): an affordable regular-pay and minimum pay investment-linked insurance product designed to provide optimal return potential on the client’s investment, and help them reach their future protection and savings needs such as education and retirement. Manulife FlexiSure (September 2013): an innovative whole life protection and investment solution that gives the policyholder substantial financial flexibility by allowing them to access their variable unit-linked investment funds in times of need. Corporate Social Responsibility After Typhoon Haiyan devastated the Philippines in 2013, Manulife employees around the world rallied together to support relief efforts and helped those most affected by the storm. Today, Manulife Philippines is continuing to support communities as they rebuild homes, schools and local businesses. Manulife Philippines employee volunteered to rebuild homes for 20 families at the Manulife-Gawad Kalinga Village in Barangay Bugasong, Antique province in September 2014. Manulife Philippines continues its support to the following rebuilding initiatives which will ultimately help families that were hardest hit by the typhoon: •Helping 75 families across Leyte to open their own variety ("sari-sari") stores by providing business skills training and initial retail inventory. •Rebuilding 20 homes in a village in Antique province. •Rebuilding a school for 200 children in the mountains of Tacloban. Manulife Philippines At-a-Glance Senior Official Years in country / established date Number of offices Business units / lines After Typhoon Haiyan devastated the Philippines last year, employees around the world rallied together to support relief efforts and help those most Ryanaffected Charland by the storm. Today, Manulife Philippines is General Managerto support communities as they rebuild continuing homes, schools and local businesses. 108 years of operations A wholly ownedPhilippines domestic subsidiary of Manulife Financial Manulife is supporting the following Corp rebuilding since 1999 initiatives which will ultimately help families that were hardest hit by the typhoon: 34 – Head Office in Makati City, Metro Manila Helping 75 families across Leyte to open Life insurance, pension education stores by providing their own variety& ("sari-sari") business skills training and initial retail inventory All information current as of December 31, 2014 unless otherwise indicated Rebuilding all 20 homes in a village in Antique province (employees will also volunteer their time) Rebuilding a school for 200 children in the mountains of Tacloban About Manulife Manulife is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. We operate as John Hancock in the U.S. and as Manulife in other parts of the world. We provide strong, reliable, trustworthy and forwardthinking solutions for our customers’ significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Assets under management by Manulife and its subsidiaries were approximately C$691 billion (US$596 billion) as at December 31, 2014. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife can be found on the Internet at www.manulife.com. Media Contact - in Philippines Media Contact - in Asia Lils Liwanag Corporate Communications Tel: (632)884 5416 [email protected] Jason Benham Regional Communications Tel: (852) 2202 1749 [email protected]