A filing with the U.S. Securities and Exchange Commission on September 30 disclosed that Manufacturers Life Insurance Co (Bermuda Branch) has increased its ownership of John Hancock GA Mortgage Trust to 10 percent. The move, reported in a Form 4 filing, indicates a significant investment by a locally based insurer in the U.S. mortgage‑backed securities market.

The trust, which issues mortgage‑backed securities and is managed by John Hancock, is a popular vehicle for institutional investors seeking exposure to the U.S. housing finance sector. By holding a substantial minority interest, Manufacturers Life Insurance expands its portfolio diversification beyond its traditional Bermuda‑based life‑insurance and re‑insurance operations.

"This acquisition reflects the confidence of Bermuda insurers in the resilience of U.S. mortgage markets," said James Thompson, senior analyst at Bermuda Capital Partners. "It also underscores the growing integration of Bermuda’s financial services industry with global capital markets."

Regulatory authorities in Bermuda have noted the filing as an example of how local entities are increasingly participating in international investment vehicles. The trust’s performance will be monitored by Bermuda’s Financial Services Commission to ensure compliance with cross‑border investment guidelines. The move is expected to strengthen connections between Bermuda’s insurance sector and U.S. mortgage finance, potentially paving the way for further joint ventures and investment opportunities across the Atlantic.