About Manulife

Home > About Manulife > Transactions

Transactions

2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997, 1996, 1995, 1994

2013

US October 1, 2013 - John Hancock Completes Acquisition of Symetra Investment Services
Transaction Completed  October 1, 2013 
Announced June 11, 2013

2012

Canada October 24, 2012 - Manulife Financial acquires Benesure Canada Inc. Becomes Canada's largest provider of creditor insurance solutions for mortgage brokers
Transaction Completed  January 4, 2013 
Announced October 24, 2012
Canada August 29, 2012 - Manulife Financial Acquires Wellington West Financial Services
Transaction Completed October 26, 2012
Announced August 29, 2012

Canada June 28, 2012 - Manulife, one of the world’s leading life insurance companies, is now in Cambodia
Announced June 28, 2012

2011

Canada July 18, 2011 - Manulife Financial Corporation sells Life Retrocession business to Pacific Life
Announced July 18, 2011

2010

Canada March 31, 2010 - Manulife Financial Completes Purchase of Manulife TEDA Fund Management Joint Venture in China
Closed March 31, 2010
Announced November 23, 2009

2009

Canada October 15, 2009 - Manulife Financial acquires Pottruff & Smith Travel Insurance Brokers Inc.
Announced October 15, 2009
Canada August 12, 2009 - Manulife Financial closes transaction to acquire AIC Canadian retail investment funds
Closed September 25, 2009
Announced August 12, 2009

2008

Japan October 28, 2008 - Manulife Closes Acquisition of Fuhwa Securities Investment Trust
Closed October 28, 2008
Announced August 19, 2008
Canada July 2, 2008 - Manulife Securities is new name across Canada for combined Manulife, Berkshire-TWC businesses
Announced July 2, 2008

2007

Canada August 31, 2007 - Manulife Financial closes agreement to acquire Berkshire–TWC Financial Group Inc.
Closed August 31, 2007
Announced June 26, 2007

2006

US November 30, 2006 - Hancock Timber Resource Group Acquires 200,000 Hectares of New Zealand Timberland from Carter Holt Harvey
Closed November 30, 2006
Philippines May 15, 2006 - Manulife Financial acquires The Pramerica Life Insurance Company, Inc. (“Pramerica Life”) in the Philippines from Pramerica Financial.
Closed August 31, 2006
Announced May 15, 2006

2005

US October 31, 2005 - The Hancock Timber Resource Group (HTRG) completes its acquisition of the ownership interests of entities owning or controlling approximately 930,000 acres of timberland or timber rights from Harvard Management Company.
US September 2, 2005 - The Hancock Timber Resource Group (HTRG) completes acquisition of Prudential Timber Investments, Inc., assuming management responsibility for approximately 340,000 acres of timberland, worth approximately $540 million.
US August 3, 2005 - First Republic Bank a leading provider of full–service private banking, investment management, brokerage and trust services, announces a definitive agreement to acquire First Signature Bank Trust of Portsmouth, New Hampshire, a wholly owned subsidiary of John Hancock Financial Services Inc.

2004

Thailand November 30, 2004 - Manulife Financial purchases 59.6% interest in Interlife John Hancock Assurance Public Co. Ltd (Interlife John Hancock), and now control more than 93% cent of the company.
Canada April 28, 2004 - Manulife Financial Corporation and John Hancock Financial Services, Inc. (including its Canadian subsidiary Maritime Life) completed the amalgamation into one company under the name Manulife Financial. The merger creates the largest life insurer in Canada, second largest in North America, and fifth largest in the world.

2003

Indonesia September 17, 2003 - PT Asuransi Jiwa Manulife Indonesia entered into an agreement to acquire the Indonesian life business of Zurich Financial Group, PT Zurich Life Insurance Indonesia and PT ING–Aetna Life Indonesia.

2002

Philippines October 17, 2002 - Manulife entered an agreement to acquire the life insurance and pension and education operations of CMG Philippines from Commonwealth Bank of Australia, subject to regulatory approval.
Singapore July 22, 2002 - Manulife announces the Company has entered into an agreement to purchase the shares of OUB Manulife from its joint–venture partner–Overseas Union Bank (OUB)/United Overseas Bank (UOB).
Philippines June 30, 2002 - Manulife Philippines acquires block of in-force life insurance business formerly belonging to MetLife Insurance Company of the Philippines by way of an Assumption Reinsurance Agreement.
Canada February 18, 2002 - Manulife acquired Zurich Life Insurance Company of Canada from Zurich North America.

2001

Vietnam December 31, 2001 - Manulife entered into an agreement to purchase the shares of its joint–venture partner, Chinfon Global Corporation (Vietnam), increasing its interest to 100%. The new company will be named Manulife (Vietnam) Limited.
China December 11, 2001 - Five years after the successful formation of a joint venture in Shanghai, China, Manulife–Sinochem was granted approval to proceed with the preparation of a branch office in Guangzhou, China.
Taiwan December 11, 2001 - Manulife announced its acquisition of CIGNA’s agency business in Taiwan, significantly strengthening the Company’s position in that insurance market.
Indonesia August 14, 2001 - Indonesian operations acquired from Principal Financial Group.
Canada April 2, 2001 - Group life and health employee benefits business acquired from Zurich Canada.
Japan April 2, 2001 - Manulife acquired Daihyaku Mutual's large inforce business in Japan. Later in that year Manulife Century Life changed its name to Manulife Seimei in order to simplify its presentation in the Japanese market and to promote a stronger link with its successful parent organization, Manulife Financial.

2000

Canada December 22, 2000 - Manulife announced the acquisition of the Commercial Union's Canadian life insurance business and of Zurich Canada's group life and health operations. These acquisitions were completed early 2001.
Indonesia October 31, 2000 - 40 per cent interest in PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) acquired from PT Dharmala Sakti Sejahtera.

1999

South Korea October 1999 - Young Poong Manulife Insurance Co., (South Korea) sold to Young Poong Group.
China September 1999 - Chinfon–Manulife Insurance Company was the first wholly foreign–owned life insurance company authorized to transact business in the Socialist Republic of Vietnam.
Canada April 30, 1999 - Assumed, through reinsurance agreements, all pre–August 12, 1994 liabilities of Confederation Life Insurance Company’s group life and health insurance business, with the exception of claims being litigated.
Japan April 1, 1999 - Manulife Financial was the first Canadian life insurance company to launch a joint venture in Japan – Manulife Century Life.

1998

June 30, 1998 - Capitol Bankers Life Insurance Company, acquired as a result of the amalgamation with North American Life Assurance Company, sold to Life Reassurance Corporation of America.

1997

US October 1, 1997 - 30.5 per cent interest in Altamira Management Limited sold to TA Associates of Boston, MA and others.
October 1, 1997 - The Manufacturers Life Insurance Company of North America transferred the advisory and distribution contracts for its North American Funds, a mutual fund, to an affiliate of Cypress Holding, Cypress Tree Investments, Inc.
Indonesia August 25, 1997 - P.T. Asuransi Jiwa Dharmala ManuLife (Dharmala Manulife) acquired all shares of PT. AMP Panin Life from AMP Society and PT. Panin Life in Indonesia. Name changed to P.T. Asuransi Jiwa Arta Mandiri Prima.

1996

Hong Kong December 17, 1996 - 50 per cent remaining ownership of Manulife Regent Investment Corporation and its Hong Kong subsidiary, Manulife Regent Investment Asia Ltd., known as Manulife Regent Funds Direct, acquired from Regent Pacific Group.
China November 26, 1996 - The Zhong Hong Life Insurance Co., Ltd., Manulife Financial's joint venture in Shanghai, became China's first joint venture life insurance company.
Canada September 1996 - Canadian individual disability business sold to Aetna Life Insurance Company of Canada.
Canada August 19, 1996 - A minority share of its third–party bank insurance agency, Succession Planning International, sold to Banc One Insurance Services Corp.
Canada May 1996 - Family Trust sold to National Bank of Canada.
Canada January 9, 1996 - U.S. group life insurance holdings and long–term disability business of North American Life Assurance Company sold to Canada Life Assurance Co.
Canada January 1, 1996 - Canadian growth continued with Manulife Financial’s amalgamation with the North American Life Assurance Company.

1995

US December 21, 1995 - U.S. Group Insurance policies from North American Life Assurance Company, including stop loss insurance for group medical coverage and group life insurance and long term disability insurance sold to ITT Hartford Life Insurance Co.
Canada October 31, 1995 - 80 per cent interest in FirstLine Trust Co. sold to Canadian Imperial Bank of Commerce.
July 20, 1995 - Western Trust Holding Ltd. and Western Trust and Savings Ltd. sold to Birmingham Midshires Building Society.
Canada February 3, 1995 - Third party Group Mortgage business acquired from Confederation Life by FirstLine Trust Co., a subsidiary of The Manufacturers Life Insurance Company.
February 1995 - United Kingdom Insurance Operations sold to Canada Life Assurance Co.

1994

Canada November 1, 1994 - Manulife Bank of Canada sold 12 Ontario branches to Laurentian Bank of Canada.
US November 1994 - U.S. Group Stop-loss business sold to ING America Life.
US November 1994 - U.S. Group open long term disability claims sold to ITT Hartford.
US November 1994 - U.S. Group Life and long term disability business sold to Canada Life Assurance Co.
Hong Kong October 1994 - Joint Venture in Hong Kong with Regent Pacific Group to form Manulife Regent Investment Corporation.
Barbados September 30, 1994 - Confederation Client Services Inc. (Barbados processing centre) acquired from Confederation Life. Name changed to Manulife Data Services Inc.
Canada September 30, 1994 - Manulife Financial saw growth in Canada with the purchase of Confederation Life's group life and health business.