 |
|
 |  |  |  |
Manulife Financial Corporation has announced that its subsidiary, Manulife(International) Limited, has signed an agreement to sell its life insurance business in Taiwan to CTBC Life, a subsidiary of CTBC Financial Holding Co, one of the largest financial holding companies in Taiwan. Completion of the transaction is subject to typical closing conditions, including receipt of regulatory approvals, and is expected to close by the end of 2013. Under the agreement, CTBC Life will assume virtually all of the life insurance business-related obligations of Manulife (International) Limited Taiwan Branch, and will offer employment to all existing employees and agents. When complete, the transaction is expected to increase the Minimum Continuing Capital and Surplus Requirements (MCCSR) ratio of Manulife Financial’s key operating subsidiary, The Manufacturers Life Insurance Company(MLI), by approximately 3 percentage points. MLI’s MCCSR was 217% as of 31stMarch. The transaction is not expected to have a material impact on Manulife Financial Corporation’s consolidated financial results. Further details of the transaction were not disclosed. Manulife Financial remains committed to its asset management operations in Taiwan, Manulife Asset Management (Taiwan) Co., Ltd. This is a separately managed operation and will not be impacted by the transaction. |
|
|
|
| Calling all BPA analysts! | ||
| North West / hybrid 50/50 - Negotiable | ||
| Principal Actuary - Bermuda | ||
| Bermuda - Negotiable | ||
| Financial Planning & Analysis Actuary | ||
| London/Hybrid - Negotiable | ||
| Apply Your Doctorate to Technical Pri... | ||
| Fully remote / nationwide / hybrid working options all available - Negotiable | ||
| Senior Investment Manager | ||
| London / hybrid - Negotiable | ||
| P&C Consultant | ||
| London / hybrid 3dpw office-based - Negotiable | ||
| Senior Pricing Actuary | ||
| London - £140,000 Per Annum | ||
| Actuarial Pensions Manager | ||
| Flex / hybrid 2-3 dpw office-based - Negotiable | ||
| Financial Reporting in beautiful Bermuda | ||
| Bermuda - Negotiable | ||
| Principal Risk Analyst - island adven... | ||
| Bermuda - Negotiable | ||
| Make a difference within BPA Administ... | ||
| North West / hybrid 50/50 - Negotiable | ||
| GI Provisioning in the Public Sector | ||
| London or Edinburgh / hybrid 3 dpw office-based - Negotiable | ||
| Associate Actuary - Risk Transfer Con... | ||
| Flex / hybrid 50/50 - Negotiable | ||
| Assumptions Actuary | ||
| London/Hybrid - Negotiable | ||
| Senior Actuary | ||
| London/Hybrid - Negotiable | ||
| Senior Investment Trainee | ||
| London or Edinburgh / hybrid 50/50 - Negotiable | ||
| Pensions Manager | ||
| Any UK office / hybrid 2 dpw office-based - Negotiable | ||
| Actuarial Reserving Senior Manager | ||
| London / hybrid - Negotiable | ||
| Senior Actuarial Consultant – GMPe | ||
| Any UK Office location / Hybrid working - Negotiable | ||
| Senior Life Actuarial Consultant | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
