Manulife International Holdings Limited (MIHL) is a member of Manulife Financial Corporation (MFC), which is headquartered in Toronto, Canada. MFC was the sixth-largest life-insurer in the world with a market capitalization of approximately Cdn$61 billion (US$62 billion) as at December 31, 2007.
MIHL provides a wide range of top-quality individual-insurance, wealth-management and group pension and protection products and services through its business operations in Hong Kong, China, Macau and Taiwan. Its goal is to be the premier provider of financial-protection and wealth-management services in Hong Kong, and ultimately Greater China.
MIHL subsidiary, Manulife (International) Limited (MIL), is one of the most successful companies in the global group, consistently achieving solid business growth. MIL is a accredited with the highest "AAA" financial rating by Standard & Poor's, reflecting its superior quality and consistent operating performance, very strong and highly diverse investment portfolio, extremely strong capital adequacy, and excellent enterprise risk-management framework.
MIL owns a majority stake in Manulife-Sinochem Life Insurance Co. Ltd. (MSL), the first joint-venture life-insurance company in China, established in Shanghai in 1996. MSL made significant development strides in 2007, expanding its operation network to 28 cities in mainland China.
Parent company MFC is the biggest life-insurance company in Canada and the second-largest life insurer in North America, with operations in 19 countries and territories. Its common shares are listed on the stock exchanges of Toronto, New York, Hong Kong and the Philippines and, as at December 31, 2007, it had funds under management of Cdn$396 billion