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Express News | Everbright Securities: Life insurance business continues to grow, and the scheduled interest rate cut will be bullish for short-term sales.
Manulife Survey: Hong Kong people have a significant gap between their ideal financial and physical and mental health status and their goals.
In January to February of this year, Manulife conducted a survey of over 1,000 adults aged 25 to 60 in Hong Kong to understand their confidence in reaching their ideal level in finance, mental and physical health in 10 years. Respondents indicated that their target score on a scale of 1 to 100 is to achieve 85 and 86 points in terms of economic and mental health, and physical health respectively. However, their expectations have fallen short, with estimated scores of 70, 71, and 71 respectively for finance, mental and physical health, a difference of 15, 14, and 15 points. This shows that the public has less confidence in achieving their ideals in the next 10 years.
Express News | Survey shows: "raising children for old age" is no longer widely accepted among married individuals, retirement planning has become a "must-have" option.
Manulife Financial -S (00945.HK) will issue SGD 500 million of 4.275% perpetual callable bonds due in 2034.
Manulife Financial-S (00945.HK) announced today that it has priced the post-repayment notes (referred to as "Notes") with a total principal amount of SGD 500 million and an interest rate of 4.275%, which will be due on June 19, 2034, publicly issued in Singapore. The proceeds will be counted as Manulife's Tier 2 capital in accordance with the offering circular dated June 11, 2024. The fixed rate of the batch of notes until June 19, 2029 is 4.275%, and the subsequent rate is the five-year period "Singapore Overnight Average Rate Overnight Index Swap Rate" ("SORA OIS") that was effective at that time.
Manulife Financial to Issue Subordinated Bonds Worth SG$500 Million in Singapore
Manulife Financial (HKG:0945, PSE:MFC) will issue Tier-II subordinated bonds worth SG$500 million in Singapore, according to a Tuesday filing with the Hong Kong bourse. The bonds maturing in June 2034
Manulife Opens Macau Office
Manulife (HKG:0945, PSE:MFC) will open a new office in Macau amid high demand for life insurance on the peninsula, the South China Morning Post reported Monday. The insurer said the new office space w
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