Manulife Says India and South Korea ‘Obvious Gaps’ in Asia

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Manulife Financial Corp., Canada’s largest insurer, wants to expand into South Korea and may consider joint ventures in India to increase its Asian business, said Robert Cook, senior executive vice president and general manager of Asia.

“There are two obvious gaps in our portfolio, being India and Korea,” Cook said yesterday in a telephone interview from Hong Kong. “There are interesting prospects in both areas.”