1233 GMT - John Hancock is actively moving from passive claims paying to proactive risk management, which is win-win for policy holders and the insurer, the Manulife Financial subsidiary's CEO says at the Financial Times Global Insurance Summit. Efforts to leverage granular customer data such as integrated wellness and early detection programs have led to much better claims outcomes as well as healthier lives for policyholders, Brooks Tingle says. He also flags a golden opportunity in aging demographics, which will translate into growth for both the life-insurance and wealth-management sectors as people indisputably need more savings for extended retirements. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
June 18, 2025 08:33 ET (12:33 GMT)
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