TOPIC
 / company

Manulife

Manulife
Manulife Financial Corporation is Canada’s largest insurer and a leading international financial services provider. With its global headquarters in Toronto, Canada, it provides financial advice and insurance.
Financial services director Lesley Quak exercises at a local park in Singapore. She was determined to lose weight and get healthier after a less-than-satisfactory medical diagnosis 10 years ago, which saw her join AIA Singapore’s AIA Vitality programme. Photo: Lesley Quak
Wellness

How to age well? Singaporean firms gamify health in ‘Blue Zone 3.0’ bid

Singaporeans are embracing insurance companies’ health programmes that combine incentives, challenges and support for healthier lives.

Banking & finance

Over half of Hong Kong residents plan to work past 65, survey shows

5
Hong Kong society

Hong Kong’s largest annual LGBTQ carnival cancelled after host venue backs out

71
Mandatory Provident Fund (MPF)

Number of MPF millionaires doubles as assets hit record US$178 billion

MPF pension regulator says the number of millionaires in the scheme doubles over the course of five years.

Mandatory Provident Fund Schemes Authority chairwoman Ayesha Macpherson Lau. Photo: Edmond So
Insurance

Hong Kong life insurance sales rise 43% in first quarter to hit record high

Hong Kong’s life insurance industry sees sustained demand for savings, health and protection products, Manulife says.

Family offices

Hong Kong tax tweaks, talent boost would boost art trading, expert says

Hong Kong is a top global auction centre, but tax changes could make it more of a trading hub for wealthy collectors of art and vintage cars.

videocam
Advertisement
Advertisement
Advertisement
Insurance

Hongkongers show penchant for adding life to years, Manulife says

Hongkongers want to ‘live independently and do what is important’ rather than simply live longer, a survey of 1,000 residents shows.

videocam
People aged 65 and above made up 22 per cent of the 7.5 million residents in Hong Kong last year. Photo: Jelly Tse
Insurance

Hong Kong’s insurance market may balloon 55% as Greater Bay Area ages

Gross insurance premium in the city may jump to US$127 billion by 2032, Manulife Financial’s Asia president says.

Banking & finance

HSBC, Manulife, BOC Life expand offerings for Hong Kong retirees

Senior Hongkongers evaluating such investment products should be cautious about non-guaranteed payouts, a broker says.

Banking & finance

Hong Kong’s redomiciliation push lures global firms from tax havens

As the appeal of traditional tax havens like Bermuda and the Cayman Islands wanes, Hong Kong steps in to lure global multinationals.

Illustration by Henry Wong
Hong Kong economy

Japanese manga Chiikawa exhibition to be held in Hong Kong in August

Eight localised characters inspired by yum cha culture to be introduced in city’s latest attempt to cash in on intellectual property economy.

Hong Kong design studio AllRightsReserved is organising the three-week “Chiikawa Days” show in August. Photo: Handout
Hong Kong economy

Hong Kong’s easier redomiciling policy ‘attracts 150 inquiries from companies’

Treasury minister hails ‘very positive’ response after new law makes it easier for companies to transfer legal domicile status to city.

Insurance

Manulife’s local unit to redomicile from Bermuda in November

‘Redomiciling to Hong Kong allows us to better align with the city’s robust financial and regulatory environment,’ CEO says.

Insurance

AXA among first insurers to move legal domicile to Hong Kong under new rules

Under the new law, a company that wants to redomicile to Hong Kong is no longer required to wind up its existing operations.

An ad for AXA is seen at the top of a building in Hong Kong’s financial centre, February 27, 2018. Photo: IP3/Getty Images
Insurance

Exclusive | Hong Kong’s ‘game changer’ law will spur insurers to redomicile: industry guild

Insurance industry is ready to capitalise on this new law and be the primary use case, HKFI CEO Selina Lau says.

Hong Kong’s company redomiciliation regime will allow firms incorporated overseas to apply to return to the city while maintaining their legal identity and business. Photo: Jonathan Wong
Insurance

Hong Kong’s 2024 life insurance sales soar 21% to record US$28 billion

Mainland Chinese tourists last year spent HK$62.8 billion (US$8 billion) on life and medical policies, up 6.5 per cent from 2023, according to the Insurance Authority.

United States

Stocks are making wild swings as markets assess damage from Trump’s trade war

Trump’s tariff blitz fulfilled major campaign promise as he acted without Congress to redraw rules of the international trading system.

videocam
Advertisement
Advertisement
Advertisement
Insurance

Manulife picks chief actuary Finch as Asia CEO to lead biggest profit centre

Steve Finch will take over as Asia CEO from May 9, replacing Phil Witherington who is heading back to Toronto to become global CEO.

Steve Finch, the incoming president and CEO of Asia at Manulife Tower in Kwun Tong on 18 March 2025. Photo: Sun Yeung
Banking & finance

Banks, insurers rush for gold in Hong Kong’s ‘silver-hair economy’

Residents older than 65 years made up about 22 per cent of Hong Kong’s population of 7.5 million people in 2023, according to government data.

Hong Kong society

Exclusive | Hong Kong-based head of insurer calls for better policies for people with autism

Damien Green of Manulife Financial Asia earlier criticised his employer’s ‘clinically dumb’ underwriting policies for people with autism.

Insurance

Manulife promotes Asia insurance head Phil Witherington to group CEO

Asia was the largest contributor to Manulife’s group earnings, accounting for 44 per cent of the total in the third quarter.

Phill Witherington, President and CEO of Manulife Asia, delivers opening remarks at the 2024 South China Morning Post - China Conference at the Hong Kong Ocean Park Marriott Hotel in Aberdeen on 4 July 2024. Photo: May Tse
Insurance

Exclusive | Manulife on track to reach 50% Asia earnings target by 2027

Asia was the largest profit contributor to Canadian insurer in the third quarter, with 44 per cent of the group’s earnings coming from the region.

Manulife completed 25 years of listing in Hong Kong in October. Photo: Shutterstock
Banking & finance

Stronger Hong Kong-Asean ties to open doors in banking, insurance markets

Hong Kong has set up advisory groups to foster stronger ties with Southeast Asia and the Middle East, helping open doors to markets.

videocam
Consumer protection in Hong Kong

Hong Kong tests find half of home air purifiers ‘slow’ at removing toxic gas

Consumer Council tests of 10 air purifiers find half slow in formaldehyde removal and some exaggerated particulate filtration effectiveness.

Banking & finance

Exclusive | Manulife to use new Macau office to tap Greater Bay Area opportunities: CEO

The Canadian insurer will in October move into a new office in Yoho Treasure Island, a mixed-use complex capable of accommodating 1,000 sales and general staff.

Patrick Graham, the CEO for Hong Kong and Macau at Manulife, says the demand for life insurance is attractive in Macau. Photo: Xiaomei Chen
Insurance

Hong Kong life insurance sales surge amid soaring demand from mainland visitors

Life insurance sales in Hong Kong surged by 39 per cent in the first quarter thanks to a world record policy sold by HSBC Life and strong growth in the number of mainland Chinese visitors buying policies in the city, according to data from the industry regulator.

videocam
Insurance sales agents approach mainland tourists in Tsim Sha Tsui on February 20, 2024. Photo: Eugene Lee
Insurance

Hong Kong insurers’ sales to yield-hungry mainland China visitors rocket

Sales of policies to mainland visitors hit HK$46.8 billion (US$6 billion) in the nine months to September, compared with HK$1 billion a year ago, according to data from the Insurance Authority.

videocam
Insurance

Exclusive | Manulife doubling down on rich mainland customers with new Hong Kong centre: CEO

Manulife will open its second prestige customer centre in Hong Kong and invest more on digital tools to support growing business from returning mainland Chinese customers, its newly appointed Asia CEO says.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement