Manulife Financial has appointed Christine Robinson as head of human resources. She succeeds Lisa Butler, who takes on the role of the organization’s global chief talent and diversity officer. Robinson will lead the Canadian human resources team and will join the global human resources leadership, global leadership and Canadian executive management teams. She joins Manulife […]
Manulife Financial has appointed Donna Carbell as senior vice-president of its group benefits team and Brett Marchand as senior vice-president of its group retirement solutions team. With several years of experience on Manulife’s group benefits team, Carbell’s previous roles include assistant vice-president of health and dental operations; vice-president of life, disability and absence management; and […]
Manulife has announced that Sue Reibel will succeed Charles Guay as executive vice-president and general manager of institutional markets for Manulife Canada. But the search is still underway for the new president and chief executive officer of Manulife in Quebec, a position that Guay also filled. Read: Guay to run Manulife Quebec Guay took on both appointments in February […]
Manulife Financial saw a 62% drop in fourth-quarter profit, largely from losses in its oil and gas investments, according to a report published Thursday. The Toronto-based company reported net income of $246 million or 11 cents a share for the three-month period ended Dec. 31, 2015. This compares to $640 million for the corresponding periods in 2014. Read: Manulife […]
Manulife Financial Corporation has reached an agreement in Canada with The Vitality Group (Vitality) to introduce life insurance that rewards people for healthy living. The partnership will be first launched within Manulife’s term insurance solutions before it is expended to other product lines over time. It includes financial protection, opportunities to save on insurance premiums, and allow users to earn valuable […]
In 2016, Manulife will start offering free HR support services to its group benefits clients with two to 399 employees. Eligible employers will have access to information and advice about both talent management and industry regulations. Currently, only employers in British Columbia and Alberta can use the service. But it will become available throughout the […]
Oil and gas investments hurt third-quarter profit.
Earlier this week, Manulife announced it’s changing the way it will evaluate new drugs coming to the market to help plan sponsors contain rising drug costs. This means plan members who have been prescribed certain new drugs will see their drug claims denied until Manulife evaluates the drugs and decides whether to provide reimbursement.
Manulife and Standard Chartered have entered into a 15-year distribution partnership providing Manulife the exclusive right to offer its Mandatory Provident Fund (MPF) product to Standard Chartered's customers in Hong Kong.
Manulife Asset Management has hired Dario Di Napoli as managing director, institutional sales.