John Hancock Life Insurance
John Hancock Financial Opportunities is the brand name for various financial products that are available for purchase. No one can deny that the corporation is best known for its life insurance plans, and this is no secret. It has been in business since it was started in Boston in 1862 and is still going strong. In 2004, however, it was purchased by a Canadian corporation known as Manulife Financial. Although the new parent firm could have simply absorbed the John Hancock brand, it elected to preserve it under its former identity as a symbol of continuity. Manulife Financial is headquartered in Toronto and employs more than 34,000 people, including 63,000 agents that work for the company.
John Hancock Life Insurance
Sotheby’s
You might be startled to learn that a Chinese life insurance company was interested in acquiring a stake in a luxury art broker. Founded in London in 1744, Sotheby’s has been in business ever since. However, it finally launched a shop in New York City. From there, it expanded to build additional sites throughout the world. In 2016, a Chinese corporation known as Taikang Life Insurance Co. Ltd. announced that it had acquired a majority stake in Sotheby’s auction house for $1 billion. The company remained in this state until a French-Israeli businessman named Patrick Drahi purchased Sotheby’s in the year 2019. We do not know what will happen to the 13.5 percent share in the corporation held by a Chinese insurance group, though.
Sotheby’s
