Moodys Investors Service - Manulife Financial Corporation (MFC.) Great-West Lifeco Inc., Sun Life Financial, Manulife Financial Corporation:: Q2 2017 Earnings - International business segments driving bottom line growth

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Moody's Investors Service

EUR 662.80 For Business Accounts Only

Great-West Lifeco Inc., Sun Life Financial, Manulife Financial Corporation:: Q2 2017 Earnings - International business segments driving bottom line growth

FINANCIAL INSTITUTIONS ISSUER IN-DEPTH 21 August 2017 Analyst Contacts David Beattie 416-214-3867 Senior Vice President [email protected] Ryan Wallace, CFA 416 214 3061 Associate Analyst [email protected] Scott Robinson 212-553-3746 Associate Managing Director [email protected] Marc R. Pinto, CFA 212-553-4352 MD-Financial Institutions [email protected] CLIENT SERVICES Amer

21/08/2017 10 EN

Underlying

Manulife Financial Corporation

Manulife Financial is a provider of financial protection and wealth management products and services, including individual life insurance, group life and health insurance, long-term care insurance, pension products, annuities and mutual funds to individual and group customers in Asia, Canada and the United States. Co. also provides investment management services with respect to Co.'s general fund assets, segregated fund assets, mutual funds, and to institutional customers. Co. also offers reinsurance services, specializing in property and aviation catastrophe risk reinsurance products.

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CA56501R1064 Toronto Stock Exchange Canada

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Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.

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