Weak sales, writedown knock Manulife to loss
(Reuters) - Weaker insurance sales and a big writedown at it U.S. operation dropped Manulife Financial to a quarterly loss, Canada's biggest life insurer said on Thursday. The company, the first Canadian life insurer to report year-end results, also said that its chief financial officer, Michael Bell, would step down once a replacement can be found. Manulife lost C$69 million ($69 million), or 5 ...
John Hancock to Re-enter California Individual Long-Term Care Insurance Market
BOSTON, Feb. 1, 2012 /PRNewswire/ -- John Hancock today announced that its individual long-term care insurance would be available in California, beginning February 27, including both its new California ...
Towers Watson CFO Surveys Signal Increased Deal/M&A Activity in the Insurance Market in the Coming Years
The insurance industry should expect a sharp increase in merger and acquisition activity over the next few years -- both in the property & casualty and life
6 personal finance tips for new Canadians
Besides the challenge of settling into a new home and culture, immigrants to Canada face a host of issues when it comes to getting their financial lives in order and planning for retirement.
Seventh Day Adventist Church in Canada Selects Adjudicare(R)
TORONTO, ONTARIO-- - Automated Benefits Inc. a wholly-owned subsidiary of Automated Benefits Corp. , is pleased to announce the formalization of a signed contract with Seventh-day Adventist Church in Canada , to use Adjudicare, a web-based software solution that enables insurance brokers and third-party ...