John Hancock Life Insurance
The John Hancock Financial Opportunities brand sells a wide range of goods. Life insurance policies are the company’s most well-known product, however. It’s been in business since 1862 when it was established in Boston. However, Manulife Financial, a Canadian corporation, acquired it in 2004. It was up to the new parent company whether or not to keep the John Hancock name or change it completely. 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 1744, Sotheby’s opened its doors in London. It did, however, open a store in New York City before expanding internationally. Taikang Life Insurance Co. Ltd., a Chinese company, announced in 2016 that it had become the majority shareholder in Sotheby’s. It remained that way until 2019, when Patrick Drahi, a French-Israeli businessman, purchased Sotheby’s. However, the fate of the Chinese insurance group’s 13.5% stake in the company is unknown.
Sotheby’s