Credit Ratings

Credit rating agencies assign financial strength or credit ratings to Manulife Financial, its subsidiaries and its securities.

All ratings current as of November 30, 2016.

  Standard & Poor’s Moody’s A.M. Best Fitch DBRS
The Manufacturers Life Insurance Company AA- A1 A+ AA- AA (low)
John Hancock Life Insurance Company (U.S.A.) AA- A1 A+ AA-  
John Hancock Life Insurance Company of New York AA- A1 A+ AA-  
John Hancock Life & Health Insurance Company AA- A1 A+ AA-  
Manulife (International) Limited AA-        
Manulife Life Insurance Company A+        
  Standard & Poor’s Moody’s A.M. Best Fitch DBRS
John Hancock Life Insurance Company (U.S.A.) AA-   a+    
Manulife Finance (Delaware) L.P. A   a- A-
Manulife Financial Corporation A   a- A-
  Standard & Poor’s Moody’s A.M. Best Fitch DBRS
The Manufacturers Life Insurance Company A+   a A A (high)
John Hancock Life Insurance Company (U.S.A.) A   a A  
Manulife Finance (Delaware) L.P. A-    bbb+ BBB+ A (low)
Manulife Financial Corporation A-   bbb+ BBB+  
  Standard & Poor’s Moody’s A.M. Best Fitch DBRS
Manulife Financial Capital Trust II- Series 1 A   a- A- A
  Standard & Poor’s Moody’s A.M. Best Fitch DBRS
Manulife Financial Corporation BBB+   bbb BBB- Pfd-2 
  Standard & Poor’s Moody’s A.M. Best Fitch DBRS
Manulife Bank of Canada A+       A (high)
  Standard & Poors Moodys A.M. Best Fitch DBRS
Manulife Bank of Canada A-1       R-1 (middle)
The Manufacturers Life Insurance Company A-1+