Manulife finalized the sale of a single life insurance policy with a face value of $300 million, setting a new Guinness World Record for the largest policy ever sold. This transaction marks a milestone in the insurer’s history and underscores its capacity to handle sizable risk exposures.

The deal demonstrates Manulife’s robust underwriting framework and ability to attract high-value clients seeking bespoke risk solutions. Management views the record-setting sale as evidence of its competitive advantages in structuring complex insurance transactions.

While the immediate financial terms beyond the face value have not been disclosed, the policy is expected to generate substantial upfront fees and recurring premium-based income. The transaction could meaningfully boost Manulife’s fee-based revenue stream and diversify its earnings mix.