TSX/NYSE/PSE: MFC SEHK: 945
WATERLOO, ON, May 10, 2017 /CNW/ - Manulife has made a $25,000 donation to the Canadian Red Cross' Spring Floods Appeal, which is being used to provide assistance and aid for those impacted by flooding across Canada. The company will also match employee donations up to $10,000.
Parts of Canada have been inundated with record-breaking rainfalls and mass flooding this spring. From B.C. to parts of Ontario, Quebec and Atlantic Canada, residents of many Canadian communities find themselves in distressing circumstances with significant damage to their homes, properties and livelihoods.
"These floods have had a devastating impact on many communities across the country," said Marianne Harrison, President & CEO, Manulife Canada. "We are glad to help our fellow Canadians during this difficult time."
Manulife Financial Corporation is a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2016, we had approximately 35,000 employees, 70,000 agents, and thousands of distribution partners, serving more than 22 million customers. As of March 31, 2017, we had $1 trillion (US$754 billion) in assets under management and administration, and in the previous 12 months we made almost $26.3 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
SOURCE Manulife Financial Corporation
For further information: Brooke Tucker-Reid, Manulife, 647-528-9601, Brooke_Tucker-Reid@Manulife.com