Manulife Financial Corp plans to double insurance sales, quadruple wealth management sales and double wealth management funds under management in Asia in a move that exhibits their future confidence in the region. Despite initial promises to hit the $4 billion (US$ 3.99bn) mark by 2015, the corporation now pledges to move forwards from the unstable earnings seen in their recent records. A loss…

Manulife Financial Corporation, Canada's largest insurance company, has signed a new two-year cooperation agreement with Bank of China in a bid to further strengthen their bancassurance distribution network and sell more insurance products in the world's second largest economy. The deal was announced at a signing ceremony in Bank of China's Beijing headquarters on Wednesday. The agreement will expand…

Manulife Financial Corp, Canada's largest insurance company, plans to increase sales of its insurance policies for low-income customers in Vietnam by expanding its microinsurance operations into more regions of the Southeast Asian country. Microinsurance products provide basic, inexpensive insurance coverage to individuals on low incomes who require protection for typical risks including the affects…

Manulife Life Insurance Co. plans to launch newly developed products, supported by a diversified distribution strategy to match the changing dynamics of the mature insurance market in Japan. The ageing population and weak stock market are perceived by Manulife as having potential for offering life insurance products, which are backed up by the ability to create protection for wealth management and long-term savings.

Aiming to further expand their business operations in Guandong province, Manulife-Sinochem has recently announced the opening of a sub-branch in Shantou. Manulife-Sinochem is a life insurance joint venture between the Canadian life insurer Manulife and the China Foreign Economy and Trade Trust Company, a member of the Sinochem group.

Manulife Life Insurance Company (Manulife Japan) has recently launched a new variable individual annuity insurance type V product which will be sold through the Bank of Tokyo-Mitsubishi UFJ.

Alan Merten has been appointed by Manulife Financial Group as the new Chief Executive Officer and President Director of PT Asuransi Jiwa Manulife Indonesia  (Manulife Indonesia). Alan Merten has over 20 years of experience working with life insurance, international health insurance, wealth management and pensions. His new position will see him take responsibility for growing Manulife Indonesia's…

Manulife (International) based in Hong Kong and Munich Health, a unit of the global re-insurer Munich Re, have recently decided to form a long-term business partnership to capture a share of the group life and medical insurance market created by the ongoing government-driven medical reforms, plus other factors created by an ageing population, increasing medical costs and the effects caused by the global financial tsunami.