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Subsidiaries (Tables)
12 Months Ended
Dec. 31, 2023
Investments accounted for using equity method [abstract]  
Summary of Directly and Indirectly Held Major Operating Subsidiaries
The following is a list
of
Manulife’s directly and indirectly held major operating subsidiaries.

 
 
 
 
 
 
 
 
 
As at December 31, 2023
(100% owned unless otherwise noted in brackets beside company name)
 
Equity
interest
 
 
Address
 
Description
The Manufacturers Life Insurance Company
 
$
58,655
 
 
Toronto, Canada
 
A leading financial services group with principal operations in Asia, Canada and the United States that offers a diverse range of financial protection products and wealth management services
Manulife Holdings (Alberta) Limited
 
$
18,489
 
 
Calgary, Canada
 
Holding company
John Hancock Financial Corporation
 
 
 
 
 
Boston, U.S.A.
 
Holding company
The Manufacturers Investment Corporation
 
 
 
 
 
Boston, U.S.A.
 
Holding company
John Hancock Reassurance Company Ltd.
 
 
 
 
 
Boston, U.S.A.
 
Captive insurance subsidiary that provides life, annuity and long-term care reinsurance to affiliates
John Hancock Life Insurance Company (U.S.A.)
 
 
 
 
 
Boston, U.S.A.
 
U.S. life insurance company licensed in all states, except New York
John Hancock Subsidiaries LLC
 
 
 
 
 
Boston, U.S.A.
 
Holding company
John Hancock Financial Network, Inc.
 
 
 
 
 
Boston, U.S.A.
 
Financial services distribution organization
John Hancock Investment Management LLC
 
 
 
 
 
Boston, U.S.A.
 
Investment advisor
John Hancock Investment Management Distributors LLC
 
 
 
 
 
Boston, U.S.A.
 
Broker-dealer
Manulife Investment Management (US) LLC
 
 
 
 
 
Boston, U.S.A.
 
Investment advisor
Manulife Investment Management Timberland and Agriculture Inc.
 
 
 
 
 
Boston, U.S.A.
 
Manager of globally diversified timberland and agricultural portfolios
John Hancock Life Insurance Company of New York
 
 
 
 
 
New York, U.S.A.
 
U.S. life insurance company licensed in New York
John Hancock Variable Trust Advisers LLC
 
 
 
 
 
Boston, U.S.A.
 
Investment advisor for open-end mutual funds
John Hancock Life & Health Insurance Company
 
 
 
 
 
Boston, U.S.A.
 
U.S. life insurance company licensed in all states
John Hancock Distributors LLC
 
 
 
 
 
Boston, U.S.A.
 
Broker-dealer
John Hancock Insurance Agency, Inc.
 
 
 
 
 
Boston, U.S.A.
 
Insurance agency
Manulife Reinsurance Limited
 
 
 
 
 
Hamilton, Bermuda
 
Provides life and financial reinsurance to affiliates
Manulife Reinsurance (Bermuda) Limited
 
 
 
 
 
Hamilton, Bermuda
 
Provides life and financial reinsurance to affiliates
Manulife Bank of Canada
 
$
 1,793
 
 
Waterloo, Canada
 
Provides integrated banking products and service options not available from an insurance company
Manulife Investment Management Holdings (Canada) Inc.
 
$
 1,318
 
 
Toronto, Canada
 
Holding company
Manulife Investment Management Limited
 
 
 
 
 
Toronto, Canada
 
Provides investment counseling, portfolio and mutual fund management in Canada
First North American Insurance Company
 
$
     7
 
 
Toronto, Canada
 
Property and casualty insurance company
Manulife Securities Investment Services Inc.
 
$
    84
 
 
Oakville, Canada
 
Mutual fund dealer for Canadian operations
Manulife Holdings (Bermuda) Limited
 
$
 20,695
 
 
Hamilton, Bermuda
 
Holding company
Manufacturers P&C Limited
 
 
 
 
 
St. Michael, Barbados
 
Provides property and casualty reinsurance
Manulife Financial Asia Limited
 
 
 
 
 
Hong Kong, China
 
Holding company
Manulife (Cambodia) PLC
 
 
 
 
 
Phnom Penh, Cambodia
 
Life insurance company
Manulife Myanmar Life Insurance Company Limited
 
 
 
 
 
Yangon, Myanmar
 
Life insurance company
Manufacturers Life Reinsurance Limited
 
 
 
 
 
St. Michael, Barbados
 
Provides life and annuity reinsurance to affiliates
Manulife (Vietnam) Limited
 
 
 
 
 
Ho Chi Minh City, Vietnam
 
Life insurance company
Manulife Investment Fund Management (Vietnam) Company Limited
 
 
 
 
 
Ho Chi Minh City, Vietnam
 
Fund management company
Manulife International Holdings Limited
 
 
 
 
 
Hong Kong, China
 
Holding company
Manulife (International) Limited
 
 
 
 
 
Hong Kong, China
 
Life insurance company
Manulife-Sinochem Life Insurance Co. Ltd. (51%)
 
 
 
 
 
Shanghai, China
 
Life insurance company
Manulife Investment Management International Holdings Limited
 
 
 
 
 
Hong Kong, China
 
Holding company
Manulife Investment Management (Hong Kong) Limited
 
 
 
 
 
Hong Kong, China
 
Investment management and advisory company marketing mutual funds
 
 
 
 
 
 
 
 
 
 
As at December 31, 2023
(100% owned unless otherwise noted in brackets beside company name)
 
Equity
interest
 
 
Address
 
Description
Manulife Investment Management (Taiwan) Co., Ltd.
 
 
 
 
 
Taipei, Taiwan (China)
 
Investment management company
Manulife Life Insurance Company (Japan)
 
 
 
 
 
Tokyo, Japan
 
Life insurance company
Manulife Investment Management (Japan) Limited
 
 
 
 
 
Tokyo, Japan
 
Investment management and advisory company and mutual fund business
Manulife Holdings Berhad (62.0%)
 
 
 
 
 
Kuala Lumpur, Malaysia
 
Holding company
Manulife Insurance Berhad (62.0%)
 
 
 
 
 
Kuala Lumpur, Malaysia
 
Life insurance company
Manulife Investment Management (Malaysia) Berhad (62.0%)
 
 
 
 
 
Kuala Lumpur, Malaysia
 
Asset management company
Manulife (Singapore) Pte. Ltd.
 
 
 
 
 
Singapore
 
Life insurance company
Manulife Investment Management (Singapore) Pte. Ltd.
 
 
 
 
 
Singapore
 
Asset management company
Manulife Fund Management Co., Ltd.
 
 
 
 
 
Beijing, China
 
Mutual fund company in China
The Manufacturers Life Insurance Co. (Phils.), Inc.
 
 
 
 
 
Makati City, Philippines
 
Life insurance company
Manulife Chinabank Life Assurance Corporation (60%)
 
 
 
 
 
Makati City, Philippines
 
Life insurance company
PT Asuransi Jiwa Manulife Indonesia
 
 
 
 
 
Jakarta, Indonesia
 
Life insurance company
PT Manulife Aset Manajemen Indonesia
 
 
 
 
 
Jakarta, Indonesia
 
Investment management and investment advisor
Manulife Investment Management (Europe) Limited
 
$
    42
 
 
London, England
 
Investment management company providing advisory services for Manulife Investment Management’s funds, internationally
Manulife Assurance Company of Canada
 
$
    66
 
 
Toronto, Canada
 
Life insurance company
EIS Services (Bermuda) Limited
 
$
  1,028
 
 
Hamilton, Bermuda
 
Investment holding company
Berkshire Insurance Services Inc.
 
$
 1,968
 
 
Toronto, Canada
 
Investment holding company
JH Investments (Delaware) LLC
 
 
 
 
 
Boston, U.S.A.
 
Investment holding company
Manulife Securities Incorporated
 
$
   213
 
 
Oakville, Canada
 
Investment dealer
Manulife Investment Management (North America) Limited
 
$
     4
 
 
Toronto, Canada
 
Investment advisor