John Hancock Life Insurance
The John Hancock Financial Opportunities brand is used to sell a wide range of products. Life insurance plans are the company’s bread and butter, though, as everyone knows. As soon as it was established in Boston, Massachusetts, the company has been running continuously ever since. A Canadian firm, Manulife Financial, bought it in 2004. As opposed to merely acquiring John Hancock, this new parent business elected to preserve the John Hancock brand as part of its own brand. Manulife Financial is a Toronto-based company with over 34,000 employees and 63,000 agents.
John Hancock Life Insurance
Sotheby’s
An art broker in New York City was interested in a Chinese life insurance company. In London, Sotheby’s has been around since 1744. It did, however, open a store in New York City before expanding internationally. Sotheby’s auction house has a new majority shareholder: Taikang Life Insurance Co. Ltd. of China. It remained that way until 2019, when Patrick Drahi, a French-Israeli billionaire, purchased Sotheby’s. However, we have no idea what will happen to the Chinese insurance group’s 13.5% share in the business.
Sotheby’s
