Manulife Holdings Berhad operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Manulife Holdings Berhad with three other
insurance companies in Asia:
Ceylinco Insurance Company Ltd.
of Sri Lanka
(2018
sales of 49.43 billion Sri Lanka Rupees [US$272.83 million]
of which 58%
was Life Insurance),
Panin Financial Tbk PT
of Indonesia
(4.63 trillion Indonesian Rupiahs [US$328.21 million]
of which 100%
was Insurance & Related Activities), and
Paninvest Tbk PT
which is
also
based in Indonesia
(4.57 trillion Indonesian Rupiahs [US$323.86 million]
of which 96%
was Life Insurance).
Sales Analysis.
During the year ended December of 2018, sales at
Manulife Holdings Berhad were 1.20 billion Malaysian Ringgits (US$288.33 million).
This
is
a very small
increase of 1.4%
versus 2017, when the company's sales were 1.19 billion Malaysian Ringgits.
This was the third consecutive year of growth at Manulife Holdings Berhad.
Sales of Investment Holding saw an increase
that was more than double the company's growth rate: sales were up
27.4% in 2018, from
12.13 million Malaysian Ringgits to 15.46 million Malaysian Ringgits.
Manulife Holdings Berhad also saw significant increases in sales in
Asset Management Services (up 11.7% to 108.25 million Malaysian Ringgits)
.
Not all segments of Manulife Holdings Berhad experienced an increase in sales in 2018:
sales of Life Insurance Business fell 29.7% to 874.14 million Malaysian Ringgits.