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Transactions
2008, 2007, 2006, 2005, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997, 1996, 1995, 1994
2008
2007
2006
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November 30, 2006 - Hancock Timber Resource Group Acquires 200,000 Hectares of New Zealand Timberland from Carter Holt Harvey
Closed November 30, 2006
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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
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2005
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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.
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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.
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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.
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2004
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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.
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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.
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2003
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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.
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2002
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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.
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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).
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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.
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February 18, 2002 - Manulife acquired Zurich Life Insurance Company of Canada from Zurich North America.
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2001
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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.
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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.
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December 11, 2001 - Manulife announced its acquisition of CIGNA’s agency business in Taiwan, significantly strengthening the Company’s position in that insurance market.
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August 14, 2001 - Indonesian operations acquired from Principal Financial Group.
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April 2, 2001 - Group life and health employee benefits business acquired from Zurich Canada.
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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.
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2000
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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.
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October 31, 2000 - 40 per cent interest in PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) acquired from PT Dharmala Sakti Sejahtera.
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1999
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October 1999 - Young Poong Manulife Insurance Co., (South Korea) sold to Young Poong Group.
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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.
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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.
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April 1, 1999 - Manulife Financial was the first Canadian life insurance company to launch a joint venture in Japan – Manulife Century Life.
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1998
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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.
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1997
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October 1, 1997 - 30.5 per cent interest in Altamira Management Limited sold to TA Associates of Boston, MA and others.
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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.
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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.
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1996
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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.
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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.
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September 1996 - Canadian individual disability business sold to Aetna Life Insurance Company of Canada.
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August 19, 1996 - A minority share of its third–party bank insurance agency, Succession Planning International, sold to Banc One Insurance Services Corp.
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May 1996 - Family Trust sold to National Bank of Canada.
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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.
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January 1, 1996 - Canadian growth continued with Manulife Financial’s amalgamation with the North American Life Assurance Company.
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1995
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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.
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October 31, 1995 - 80 per cent interest in FirstLine Trust Co. sold to Canadian Imperial Bank of Commerce.
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July 20, 1995 - Western Trust Holding Ltd. and Western Trust and Savings Ltd. sold to Birmingham Midshires Building Society.
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February 3, 1995 - Third party Group Mortgage business acquired from Confederation Life by FirstLine Trust Co., a subsidiary of The Manufacturers Life Insurance Company.
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February 1995 - United Kingdom Insurance Operations sold to Canada Life Assurance Co.
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1994
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November 1, 1994 - Manulife Bank of Canada sold 12 Ontario branches to Laurentian Bank of Canada.
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November 1994 - U.S. Group Stop-loss business sold to ING America Life.
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November 1994 - U.S. Group open long term disability claims sold to ITT Hartford.
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November 1994 - U.S. Group Life and long term disability business sold to Canada Life Assurance Co.
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October 1994 - Joint Venture in Hong Kong with Regent Pacific Group to form Manulife Regent Investment Corporation.
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September 30, 1994 - Confederation Client Services Inc. (Barbados processing centre) acquired from Confederation Life. Name changed to Manulife Data Services Inc.
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September 30, 1994 - Manulife Financial saw growth in Canada with the purchase of Confederation Life's group life and health business.
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