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In 1988, Manulife opened a new five-storey office building at 500 King Street North in Waterloo to house its Canadian Division. [ 18 ] In 1996, the company entered an agreement with Sinochem to form Shanghai -based Zhong Hong Life Insurance Co. Ltd., China's first joint venture life insurance company, and was granted a license that made it the ...
In 2007, Manulife Bank opened an office in Halifax, Nova Scotia. In 2009, Manulife Bank began offering Tax-Free Savings Accounts (TFSA). In 2010, Manulife Bank established Manulife Trust Company [5] (Manulife Trust) - a federally chartered trust company licensed to do business in all Canadian provinces and territories. Manulife Trust is a ...
The genesis of the Dominion Life Assurance Company was a meeting in March 1888 at Snyder's Drug Store in Waterloo at 4 King Street South. The meeting included prominent local figures Isaac Erb Bowman (1832–1897), Peter Harvey Sims (1844–1920), John Shuh (1828–1901), Simon Snyder (1846–1902), and Thomas Hilliard (1841–1937).
Manulife: North Waterloo Farmers Mutual 1874 2016 Merged with Oxford Mutual to form Heartland Farm Mutual North West Life Assurance Company of Canada 1966 2000 Became the Industrial-Alliance Pacific Life Insurance Company. Northern Life Assurance Company of Canada 1894 1986 Acquired by the Inland Financial Company.
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On September 29, 2003, Manulife Financial of Canada announced its intent to acquire John Hancock for $10.4 billion. The merged entity would be led by D'Alessandro, but he would step down in June 2004. The sale also included a Canadian subsidiary of John Hancock, Maritime Life; it was integrated into Manulife's Canadian operations. [6] [7] [8]
A Mississauga-based company, MFP Financial Services (now Renasant Financial Partners) provided financing for the park. [19] On September 25, 2000, Waterloo council unanimously approved a lease-style loan of $48.3 million after being told that the interest rate was 4.73 per cent, and the total payout over 30 years was $112.9 million. [ 19 ]
The North American Life Assurance Company, commonly known as North American Life, was an insurance company headquartered in Newtonbrook, Toronto, Ontario.. In 1995, it was one of the largest mutual insurance companies in North America with US$4.48 billion in assets before merging with The Manufacturers Life Insurance Company to form Manulife Financial the following year.