Manulife Financial Corporation · TSX:MFC
Manulife Financial — Shareholder Meeting (April 2002)
17 slides from Manulife Financial's shareholder meeting presentation, April 2002
Slide 1: Manulife Financial: Our Global Community, Annual Meeting 2002
1M Manulife Financial Our Global Community Annual Meeting 2002
Slide 2: Peter Rubenovitch, Executive Vice President & Chief Financial Officer
Peter Rubenovitch Executive Vice President & Chief Financial Officer
Slide 3: Top Line Momentum
Top Line Momentum $blns Premiums & Deposits 30 $26 25 20 15 10 5 0 1993 1994 1995 1996 1997 1998 1999 2000 2001
Slide 4: Steady Earnings Growth
Steady Earnings Growth 26% Compound Annual Growth Rate $mlns Shareholders’ Net Income 1,400 1,200 $1,159 1,000 800 600 400 200 0 1993 1994 1995 1996 1997 1998 1999 2000 2001
Slide 5: Substantial Capital Base
Substantial Capital Base $blns Total Capital 14 12 $11.5 10 8 6 4 2 0 1993 1994 1995 1996 1997 1998 1999 2000 2001
Slide 6: Shareholders' ROE
Shareholders’ ROE 18% 16% 15.1% 14% 12% 10% 8% 6% 4% 2% 0% 1993 1994 1995 1996 1997 1998 1999 2000 2001
Slide 7: Strategic Focus
Strategic Focus • A disciplined growth strategy • A consistent focus on key profit drivers • A strong risk management culture
Slide 8: High Quality Assets
High Quality Assets % 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 1995 1996 1997 1998 1999 2000 2001 Manulife Net Impaired Asset Ratio Average Industry Default Rate
Slide 9: 2001 Financial Highlights
2001 Financial Highlights 2001 2000 Change Shareholders’ Net Income 1,159 1,075 8% (C$ millions) Excluding non recurring items 1,223 1,033 18% (C$ millions) R.O.E. 15.1% 16.1% Excluding non recurring items 15.9% 15.5% Premiums & Deposits 25.8 24.6 5% (C$ billions) Funds Under Management 142.2 123.5
Slide 10: Canada
Canada Shareholders’ Earnings of $339 million • Commercial Union and Zurich acquisitions • Organic growth • Expense efficiencies
Slide 11: United States
United States Shareholders’ Earnings of $373 million • Gains in sales and market share despite weak equity markets
Slide 12: Japan
Japan Shareholders’ Earnings of $120 million • New product introductions • Agency force restructuring • Expense management
Slide 13: Asia
Asia Shareholders’ Earnings of $185 million • Agency expansion and productivity • Hong Kong Mandatory Provident Fund
Slide 14: Reinsurance
Reinsurance Shareholders’ Earnings of $163 million (excluding non-recurring items) • Events of September 11 negatively impacted earnings • Market rates hardening
Slide 15: Excellent Start to 2002
Excellent Start to 2002 First Quarter Results • Top line growth of 21% • Net income grew 24% to $335 million • R.O.E. climbed to 16.3%
Slide 16: Vision
Vision To be the most professional life insurance company in the world: providing the very best financial protection and investment management services tailored to customers in every market where we do business.
Slide 17: Manulife Financial: Our Global Community, Annual Meeting 2002
1M Manulife Financial Our Global Community Annual Meeting 2002
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