Manulife Financial, a Canada-based life insurance provider, has swung to a profit of C$1.03bn ($989m), for the third quarter of 2013, compared with a loss of C$211m for the same period in 2012. The net earnings were driven by strong ...
Tags: insurance, Core earnings
Malaysia-based diversified financial conglomerate CIMB Group is seriously exploring options to divest certain stake in Indonesian life-insurance joint venture (JV), PT CIMB Sun Life, to leverage growth opportunities in Southeast Asia. ...
Tags: Life-Insurance, CIMB Mulls
Manulife Financial, a Canada-based financial services group, has expanded its CoverMe life insurance products with the addition of CoverMe Easy Issue Life insurance plan. Intended for adults, the Easy Issue is a 10yr life insurance plan ...
Tags: Manulife, Insurance Plan
Manulife Financial has entered into business arrangements to reinsure the travel insurance coverage sold by Canada-based RBC Insurance through travel agencies. The companies, however, have not disclosed financial terms of the ...
Tags: Insurance
The Antigua Group, Inc. - one of the nation's leading designers and marketers of lifestyle and golf apparel under the Antigua brand and the official apparel licensee for the 2013 U.S. Solheim Cup Team is proud to announce that four players ...
Tags: Antigua Group, Apparel
Manulife Financial has inked a contract to dispose of its life insurance business in Taiwan to CTBC Life Insurance Co (CTBC Life), a subsidiary of CTBC Financial. The acquisition of insurance operations of Manulife in Taiwan, which ...
Tags: Life Insurance, CTBC Life
John Hancock Financial, a unit of Manulife Financial, has introduced a new web-based long-term care (LTC) insurance sale system to help financial professionals improve customer experience and expand sales opportunities. Dubbed LTC ...
Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...
Canada based financial services group Manulife Financial and HDFC Life, the Indian affiliate of Standard Life, have submitted their bids to acquire HSBC's Indian life insurance arm, which has a market value of nearly $200m. As part of a ...
Tags: Manulife, HDFC Life, financial services
Canada-based Manulife Financial has signed an agreement with TELUS Health to implement its eClaims platform to simplify and accelerate the submission and reimbursement of extended healthcare claims. Under the terms of the agreement, the ...
Canada-based Sun Life Financial and Malaysian investor Khazanah Nasional are planning to acquire life insurer CIMB Aviva in Malaysia, in a deal valued at MYR1.8bn ($596m). Both firms will jointly purchase 98% of the life insurer in order ...
Tags: life insurer, CIMB Aviva, financial services markets, insurance company
Manulife Financial has appointed Craig Bromley as senior executive vice president and general manager for its US Division as well as president of John Hancock Financial Services, effective from 1 September 2012. Bromley will join the ...
Tags: Manulife Financial, Craig Bromley, executive vice president
Manulife Financial posted a net loss attributed to shareholders of C$300m ($302.6m) for the second quarter of 2012, compared to a profit of C$490m ($493m) during the corresponding period earlier year. The second loss reflects volatile ...
Canada based financial services group Manulife Financial has acquired Benesure Canada, a third party administrator and distributor of life and disability creditor insurance services for mortgage brokers, in an undisclosed deal. Following ...
Tags: Manulife Financial, Benesure Canada, acquisition, life insurance
The UK underwriter Aviva and CIMB have requested bidders to submit binding bids to acquire their Malaysian insurance joint venture by 29 October. Three underwriters including Prudential, Manulife Financial and Sun Life Financial are the ...
Tags: Aviva, CIMB, insurance, insurance product