Manulife Sells Life Insurance Policy for a Record $300 Million

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By Chanyaporn Chanjaroen and Rthvika Suvarna

February 24, 2026 at 12:27 AM UTC

Manulife Financial Corp. sold a $300 million life insurance policy in Singapore, topping what Guinness World Records certified as the most valuable policy ever issued.

The policy surpasses the previous record of $250 million, set by HSBC Life in Hong Kong in 2024. Manulife said in a statement Tuesday that the deal reflects growing demand from ultra-wealthy clients to preserve their assets.