Gori, who currently oversees the firm’s business in Asia from Hong Kong, will relocate to Toronto to assume the new post effective June 5
Investors are also more confident in stocks and home ownership while less confident in investment properties, cash and fixed-income
The penalty was significant as it was the first time FINTRAC has penalized a bank since it was given the authority to issue administrative monetary penalties in December 2008
Sales of individual life insurance policies were considerably higher in Q4 and in 2016, overall, in advance of the new, more restrictive tax rules that kicked in on Jan. 1
The change will save the insurer money and attract more clients by making the application process faster
The two class action lawsuits alleged that Manulife misrepresented the adequacy of its risk-management practices and failed to meet its disclosure obligations
ExamOne will provide policyholders of Manulife’s new health-based life insurance program with a free annual screening at the location of their choice
Good behaviour can earn points toward reducing premiums
This marks the third global exploration and incubation facility the company has opened, joining other LOFT locations in Boston and Toronto
The insurer’s new program is focused on rewarding healthy living by giving discounts on policies to clients who track their fitness levels and other key health-related data