MANULIFE FINANCIAL CORP (MFC.CA)
CA56501R1064 - Common Stock
Manulife Strikes Reinsurance Deal for $4.3 Billion of Policies
Manulife Financial Corp. has struck another deal to offload some of its less-profitable assets, agreeing to reinsure C$5.8 billion ($4.3 billion) of Canadian policies with RGA Life Reinsurance Co. of Canada.
Manulife Faces 40% Decline in US Office Investments From Peak
Manulife Financial Corp. is facing a divided global office market, with the value of its US office investments having plummeted by as much as 40% from a pre-pandemic peak, according to Chief Financial Officer Colin Simpson.
Manulife Named to 2024 Corporate Knights Global 100
/CNW/ - Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable companies. Now in its 20th...
Manulife to Reinsure $10 Billion With KKR’s Global Atlantic
Manulife Financial Corp. agreed to reinsure C$13 billion ($10 billion) of reserves with KKR & Co.’s Global Atlantic Financial Group and its partners in a deal the company said is the largest long-term care reinsurance transaction in the industry’s history.
Hintze’s CQS Sale Caps Slow Decline for Hedge Fund Veteran
Billionaire Michael Hintze has abandoned his dream of becoming an asset-management powerhouse — at least for now.
Manulife Cuts 250 Jobs in Asset Management and Wealth Unit
Manulife Financial Corp. cut 250 jobs in its wealth and asset management unit, trimming staff at offices in the US, Canada, the UK and Asia.
Manulife Beats Estimates on Momentum From Its Asia Business
Manulife Financial Corp.’s earnings got a lift from its business in Asia, where insurance sales in Hong Kong to mainland Chinese visitors continue to improve after the loosening of pandemic travel restrictions.
Manulife Launches Personalized Medicine Program for Enhanced Health Care Members to Improve Health Outcomes
/CNW/ - Manulife (TSX: MFC) today announced that its Personalized Medicine program (known industry-wide as pharmacogenomics) will now be available for Extended...
Manulife Named One of Canada's Best 50 Corporate Citizens
/CNW/ - Manulife (TSX: MFC) was selected as one of Corporate Knights' Best 50 Corporate Citizens in Canada for the third consecutive year, as the firm...
Manulife Releases 2022 Environmental, Social, and Governance Report and Public Accountability Statement
/CNW/ - Manulife (TSX: MFC) today released its 2022 Environmental, Social, and Governance (ESG) Report, as well as its 2022 Public Accountability Statement,...
Tesla, GM Follow Own Shareholders With Push Into Lithium Miners
As automakers seek stakes in lithium miners to lock in supplies for electric-vehicle batteries, they’re following a path already forged by their shareholders.
JPMorgan, StanChart Approved for Fully-Owned China Ventures
JPMorgan Chase & Co. gained full control of its China mutual fund joint venture, joining rival Manulife Financial Corp. in buying out local partners to secure full ownership of a business in the 26 trillion yuan ($3.8 trillion) market.
Global Funds Bolster China Forays as Market Outlook Brightens
Global asset managers are starting the year with a stronger foothold in China’s 26 trillion yuan ($3.8 trillion) mutual fund industry, just as the end of stringent Covid curbs and a renewed focus on the economy brighten prospects for investors.
Manulife Eliminates 50 Jobs as It Outsources Property Management
Manulife Financial Corp. is eliminating about 50 jobs in the US and Canada as part of a plan to outsource some real estate operations and focus more on investing.
Manulife Takes Hit From Continued Covid Restrictions in Asia
Manulife Redoubles Its Asia Ambitions in a World of Uncertainty
Even after operating in Asia for more than century, Manulife Financial Corp. is counting on the region to be its most promising driver of growth in an increasingly turbulent world.
Sun Life, Billionaire Cheng Eye Insurance Deal With Hong Kong’s Dah Sing, Sources Say
Canadian insurers Sun Life Financial Inc. and Manulife Financial Corp. are among companies considering bids for an insurance partnership with Hong Kong banking group Dah Sing Financial Holdings Ltd., according to people familiar with the matter.
John Hancock Life Insurance Will Offer Blood Tests to Detect Early Cancer
Life insurer John Hancock will begin offering thousands of customers access to cancer blood tests made by Illumina Inc.’s Grail unit, betting that early detection of the disease will help them live longer.
Manulife’s Canadian Operations Cushion Blow From Covid-Hit Asia
Prudential Names Citi Veteran Wadhwani as Insurer’s Next CEO
Prudential Plc named Anil Wadhwani as its next chief executive officer as the insurer furthers its pivot to Asia.
Manulife Profit Lags Estimates as Asia Lockdowns Hurt Sales
Manulife Financial Corp. took a hit from a new round of Covid-19 lockdowns in Asia that weighed on its business in the first quarter.
Manulife Plans to Reopen Four Major Canadian Offices Next Week
Manulife Financial Corp. is reopening four of its major Canadian offices next week, making it the latest of the country’s financial firms to bring back in-person work.
Manulife Names Lucas Head of Its Banking Unit as Rick Lunny Retires
Manulife Financial Corp. promoted Alex Lucas to chief executive officer of the firm’s banking unit, succeeding Rick Lunny, who is retiring at the end of next month.
Manulife Postpones January Return to Office as Covid Case Counts Rise
Manulife Financial Corp. is suspending a plan to return its employees to offices on Jan. 24 amid rising Covid-19 case counts and concerns about the omicron variant.
Toronto Bankers Trickle Back Downtown, Echoing Wall Street Peers
After languishing for months while Wall Street, by comparison, charged back to the office, Toronto’s financial district is finally starting to stir.
Manulife Set to Reopen Canadian, U.S. Offices in Late January
Manulife Financial Corp. plans to reopen its Canadian and U.S. offices on Jan. 24, with some employees on hybrid models that will bring them into the workplace three days a week.
Manulife Frees Up $1.6 Billion in Capital With U.S. Annuity Deal
Manulife Financial Corp. is freeing up C$2 billion ($1.6 billion) of capital, much of which it plans to devote to stock buybacks, as part of a deal to reinsure the majority its U.S. variable-annuity business.
Inflation Debate Sees Canada’s Top Insurers Take Opposing Sides
Canada’s top two insurers are staking out opposite sides in the debate over inflation.
Canada Inflation to Slow Next Year, Manulife Strategists Say
John Hancock Investment Management announces 5 basis point fee reduction for Disciplined Value Fund
Manulife Investment Management Announces Cash Distributions for Manulife Exchange Traded Funds
Manulife Joins Banks With Vaccine Mandate for Canadian Employees
Manulife Investment Management fortifies fixed-income capabilities with new head of municipal bond strategies
Manulife President and Chief Executive Officer Roy Gori to participate in virtual fireside chat at the Scotiabank Financials Summit
Manulife Investment Management closes on more than 300,000 acres of Texas timberlands
John Hancock Closed-End Funds Declare Monthly Distributions
Manulife launches "Fuel Up Fridays" well-being initiative and announces 5 extra personal days in 2022
Manulife Workers Get an Extra Week Off in 2022 Wellness Push
Manulife Financial Corp. is giving workers five more days off in 2022, repeating a perk it gave them this year, as part of a push to aid employees’ wellness during the pandemic.
Manulife Investment Management Announces Cash Distributions for Manulife Exchange Traded Funds
