Company Overview of The Manufacturers Life Insurance Company
The Manufacturers Life Insurance Company operates as a life insurance company in Asia, Canada, and the United States. It offers financial protection, and wealth management products and services to personal and business clients, as well as asset management services to institutional customers. The company offers various individual life insurance, and individual and group long-term care insurance through insurance agents, brokers, banks, financial planners, and direct marketing. It also provides wealth management products, such as annuities, pension contracts, and mutual fund products and services; retirement products to group benefit plans; and annuity contracts with non-guaranteed, partially ...
200 Bloor Street East
Toronto, ON M4W 1E5
Key Executives for The Manufacturers Life Insurance Company
Chief Executive Officer, President, Director and Member of Executive Committee
Senior Executive Vice President and Chief Financial Officer
Executive Vice President, Chief Actuary and Member of Executive Committee
Executive Vice President, Chief Risk Officer and Member of Executive Committee
Executive Vice President of General Account Investments and Member of Executive Committee
Compensation as of Fiscal Year 2014.
The Manufacturers Life Insurance Company Key Developments
The Manufacturers Life Insurance Company Completes CAD 750 Million Subordinated Debenture Offering
Mar 10 15
The Manufacturers Life Insurance Company announced that it has completed its offering of CAD 750 million principal amount of subordinated debentures. The 2.10% fixed/floating subordinated debentures due June 1, 2025, which are guaranteed by Manulife Financial Corporation on a subordinated basis. The debentures were offered through a syndicate of dealers co-led by RBC Capital Markets, BMO Capital Markets and Scotiabank Global Banking and Markets.
Manulife Financial Corporation and The Manufacturers Life Insurance Company Appoint P. Thomas Jenkins to Board, Effective March 1, 2015
Feb 12 15
Manulife Financial Corporation and The Manufacturers Life Insurance Company announced that P. Thomas (Tom) Jenkins, OC, has been appointed to their Board of Directors, effective March 1, 2015. Mr. Jenkins is the Chairman of OpenText Corporation and has served as a member of its board since 1994. He also served as President and Chief Executive Officer of OpenText from 1994 to 2005.
The Manufacturers Life Insurance Company Announces Subordinated Debenture Issue
Nov 26 14
Manufacturers Life Insurance Company announced that it intends to issue $500 million principal amount of 2.64% fixed/floating subordinated debentures due January 15, 2025 (the "Debentures"). MLI intends to file a prospectus supplement to its December 13, 2013 base shelf prospectus in respect of this issue. The Debentures will bear interest at a fixed rate of 2.64% until January 15, 2020 and thereafter at a rate of 0.73% over the three month CDOR. The Debentures mature on January 15, 2025. Subject to prior regulatory approval, MLI may redeem the Debentures, in whole or in part, on or after January 15, 2020 at a redemption price equal to par, together with accrued and unpaid interest to the date fixed for redemption. The Debentures will constitute subordinated indebtedness, ranking equally and rateably with all other subordinated indebtedness of MLI from time to time issued and outstanding.
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