John Hancock Life Insurance
There are plenty of different products sold under the John Hancock Financial Opportunities label. However, it is no secret that the company is best known for its life insurance policies. It has been in operation ever since it was founded in Boston in 1862. In 2004, however, a Canadian company called Manulife Financial acquired it. Even though the new parent company could have simply absorbed the John Hancock brand, it chose to keep it under its original name. Manulife Financial is based in Toronto, employs more than 34,000 staff members, and has 63,000 agents working for the brand.
John Hancock Life Insurance
Sotheby’s
You might be surprised to hear that a Chinese life insurance company had an interest in a luxury art broker. Sotheby’s got its start in London back in 1744. However, it eventually opened a shop in New York City before opening more locations across the globe after that. In 2016, a Chinese company called Taikang Life Insurance Co. Ltd. Announced that it is the new majority shareholder of Sotheby’s. It stayed that way until a French-Israeli businessman by the name of Patrick Drahi bought Sotheby’s in 2019. We do not know the fate of the 13.5% stake that the Chinese insurance group has in the company, however.
Sotheby’s
