Manulife Financial to Add Longevity Institute, Expand into India
By Katherine Hamilton
Manulife Financial has launched a new business strategy in which it is aiming to diversify its portfolio and focus on providing long-term financial services for people who are living longer.
The Canadian financial company said Wednesday it is expanding its footprint into India. It is working with Mahindra through an asset management partnership to enter the Indian insurance market.
Manulife is also starting the Manulife Longevity Institute, which would provide research and an investment platform backed by a $350 million commitment through 2030. It would be geared toward helping people live longer healthier lives and filling gaps in retirement and health care, Manulife said.
The company is aiming to grow opportunities in Asia, while also scaling its core businesses in Canada and the U.S., it said. It is also integrating more artificial intelligence in its operations and improving its distribution channels.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
November 12, 2025 18:19 ET (23:19 GMT)
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