Manulife Canadian Acqusitions: Offering Renewals, Insurance Riders and Other Features and Services to Contract Holders (Manulife Financial - Canada)
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Manulife Canadian Acquisitions

Some clients of Manulife Financial hold current in-force contracts identified by one of the names and/or logos shown below and continue to be serviced by Manulife Financial. These clients have joined the Manulife family as a result of a corporate transaction (such as a merger, amalgamation or asset purchase) so while they currently hold a policy bearing one of these names and/or logos, their support, servicing and the guarantees of their policy contracts are the responsibility of Manulife Financial. Manulife continues to offer, where appropriate, renewals, insurance riders and other features and services regarding these contracts.

NoCompanyLogoDetails of Acquisition
1The Dominion Life Assurance Company
1984 All lines of business assumed by Manulife
2The Monarch Life Assurance Company1984, Monarch Life transferred its assets and liabilities to North American Life. Lines of business include both group and individual life insurance, annuities (both deferred and immediate) and segregated funds
3The Maritime Life Assurance Company
2004 Manulife assumes all business as part of the John Hancock transaction.
4North American Life Assurance Company
1996 Amalgamation with Manulife, all business acquired.
5The Excelsior Life Insurance Company

1960 All shares acquired by Life & Casualty;
1989 Name change to Aetna Life Insurance Company of Canada
2000 Acquired by Maritime Life
6Heritage Life Assurance Company 1980 Acquired by Monarch Life – all lines of Business
1984 Monarch Life acquired by North American Life
7Financial Life Assurance Company of Canada
1997 all shares of company acquired by Aetna Life Insurance Company of Canada.
2000 Acquired by Maritime Life along with Aetna and business then assumed by Maritime.
8Commercial Union Life Assurance Company of Canada2001 Manulife acquired Commercial Union's life insurance business across Canada, including critical illness insurance portfolio
9Aetna Life Insurance Company of Canada 2000 Maritime Life amalgamated with Aetna Life Insurance Company of Canada and company is continued as Maritime Life

Other Acquired Business
10The Citadel Life Assurance Company1990 North American Life acquires Mass Marketing Business of Citadel, consisting of both group and individual policies for term life, trip cancellation, line of credit insurance marketed through financial/retail institutions
11Sovereign Life/Pioneer Life

1990 December 31 Sovereign merged with Pioneer Life
1991 January 31 North American Life purchased a block of business from Sovereign consisting of the Pioneer issued individual policies: Hospital Cash, Prime Life and Classic Term.
12The London Assurance 1967 business assumed by Sun Alliance and London Assurance Company
1994 Sun Alliance acquired by North American Life
13Confederation Life Insurance Company
1994 Manulife assumes Group Life and Health Business
1994 Maritime Life assumes Individual Insurance business which is subsequently assumed in 2004 by Manulife as part of John Hancock transaction
14Continental Life Insurance Company 1955 Acquired by Zurich Insurance Company
2000 – 2001 Zurich business acquired by Manulife
15Zurich Life Insurance Company of Canada 2001 Group life and health employee benefits business acquired from Zurich Canada
2002 Manulife acquires Zurich Life Insurance Company of Canada including its individual life insurance and associated blocks of wealth management, individual annuity, segregated fund, and group pension businesses
16Gerling Global Life Insurance Company 1997 acquired by Royal and Sun Alliance, later acquired by Maritime Life in 2001
17Holland Life Insurance Society Limited1973 Commercial Union Assurance Company Limited acquires the Canadian business of Holland Life.
2001 Manulife acquires Commercial Union Life Assurance Company of Canada
18Liberty Health [trade name]2003 Maritime Life assumes the business of Liberty Health
19Sun Alliance and London Assurance Company (Canada)1995 Jan. 1, Sun Alliance and London Assurance Company (Canada) transferred its assets and liabilities to NAL.
The business consisted of two blocks of business:
  • Individual - term, whole life, universal life, deferred and immediate annuities and a segregated fund type product called equity linked which was available as a life policy or annuity.
  • Mass Marketed Products: consisted of term life, accidental death and personal accident coverage, mostly marketed through financial/ retail institutions.
Note: Sun Alliance had previously purchased the individual business or policy blocks of Acadia Life, Beacon Life and Phoenix Life.
20The Acadia Life Insurance Company See Sun Alliance and London Assurance Company (Canada)
21Royal & Sun Alliance Life Insurance Company of Canada 2001 acquired by Maritime Life. Companies are amalgamated and continued as Maritime Life




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