Manulife Asset Management

Mahindra and Manulife insurance JV gets Corporate Affairs Ministry's nod

Mahindra and Manulife insurance joint venture (JV) has got a certificate of incorporation from the Ministry of Corporate Affairs. Following the approval, Mahindra Manulife Insurance Ltd (MMIL) has come into existence, a joint statement said on Monday. The venture brings together Mahindra's strong presence in India with Manulife's global expertise to build a simple, customer-first, AI-native and digitally led life insurer, it said. By combining the extensive distribution reach of Mahindra with Manulife's strengths in product innovation, underwriting, and agency-led distribution, MMIL will focus on policyholder protection and offer holistic, need-based financial solutions, it said. MMIL aims to address India's large protection gap through a range of long-term savings and protection products, with a strong focus on rural and semi-urban markets while building leadership in protection solutions for urban customers, it said. The partnership combines Mahindra's wide distribution reach wi

M&M, Manulife name Suresh Agarwal MD & CEO designate of life insurance JV

M&M and Manulife have appointed Suresh Agarwal as MD & CEO designate of their 50:50 life insurance JV, marking Manulife's entry into India's life insurance sector, subject to approvals

M&M, Manulife to form life insurance JV with ₹7,200 crore investment

Each partner commits to invest Rs 1,250 cr in the first five years of new venture

Manulife Investment completes 49% stake acquisition in Mahindra MF

Joint venture to be oriented towards retail assets, deeper penetration

Overseas investors can't ignore India if they seek higher returns: Manulife

Amid uncertainty about global economic growth, investors are looking for markets that are driven by domestic demand, have room for lower interest rates

Overseas investors chasing higher returns can't ignore India, says Manulife

Foreign investors have pumped more than $11 billion into Indian equities this year on bets there will be political stability and more room for a majority government to push for economic reform

Canada's Manulife to acquire 49% stake for $35 million in Mahindra AMC

The deal will value the AMC at 10.4 per cent of its asset size

We expect markets to consolidate gains in Sept quarter: Lewis, Gupta

India has been among the best-performing markets globally in 2017, say Geoff Lewis, Rana B Gupta