  |    |
        |
 |
 | ||
| |||
 |  | |
| ||
|  | |
| ||
|  | |
| ||
| ||
|  | |
| ||
 |  | |
| · | News Releases |
| · | Multimedia Centre |
| · | Virtual Press Kits |
| · | Fact Sheets |
| · | FAQ |
| · | Contact the Newsroom |
| ||
|  | |
| ||
|  | |
| ||
Manulife Taiwan’s total new sales increased by 51 per cent for the third quarter Taipei – Manulife Taiwan continued to record excellent growth in all areas of the business in the third quarter of 2002. As compared to the same periods last year, total new sales increased by 51 per cent for the quarter and 85 per cent for the year. Additionally, total premiums and deposits for the quarter increased by 77 per cent over the same period a year ago and 85 per cent for the first nine months of the year, as compared to the same period for 2001. “Good performances in the third quarter can be attributed to the success of our investment products and the solid growth of our agency force,” said Michael Huddart, General Manager of Manulife Taiwan. Unique Web-site contributes to popularity of investment products “Our recently launched public Web site (www.emanulife.com.tw) aims to be different and more value-added than the Web sites of our competitors,” said Mr. Huddart. “It provides customers with updated information about our portfolio of investment products and most importantly, through a unique “Financial Planning Inspection” feature, customers can analyze their personal or family's financial protection and insurance needs on their own.” As one of the leading providers of unit-linked products, Manulife Taiwan places great importance on educating consumers on the various insurance and investment vehicles available to them in the marketplace. So much so, the site features a variety of specific financial information for the investor who wants to make independent, well-informed decisions. Regularly updated features include: the Index Board - a publication of the main market index; Fund Price - a list of fund prices clients can refer to; and, Investment Column - an advice column written by Manulife Taiwan’s own in-house investment experts. The site also provides introductions and performance history for investment accounts and allows Manulife clients to download their Universal Variable Life (UVL) quarterly investment reports. “Our site is unique in that it offers easy access to a range of financial information designed to assist the average investor in making educated decisions about their investment portfolio,” added Mr. Huddart. “The site is designed to be user friendly, informative and most of all, convenient for today’s busy individuals. These innovative, leading-edge features are what sets our site apart from others in Taiwan.” Strength lies in agency and investment products “In the fourth quarter, we plan to further invest in the specialized training and education of our Financial Planners in order to strengthen their professional knowledge,” said Edmond Lee, Deputy General Manager, Manulife Taiwan. “We also expect that throughout the fourth quarter our investment products will continue to make up a large percentage of our total sales,” added Mr. Lee. “These products are very attractive in that they offer the customer high return potential. These products and our leading medical insurance products have been very successful in the marketplace and we expect to witness high growth rates well into the future.” About Manulife Financial Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were Cdn$139.2 billion as at September 30, 2002. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Further information about Manulife Financial can be found on the Internet at www.manulife.com. - 30 - For more information, please contact: Nicole Chien Office:(02)2740-9080 Ext769 Mobile:0933-863569 E-mail: Nicole_chien@manulife.com |
|
