Even John Hancock Can’t Escape Unicover’s Talons

SAN DIEGO -- John Hancock Mutual Life Insurance Co.'s exposure from losses from its involvement with Unicover Managers Inc. pool members could total more than $100 million, according to a recent report in the Boston Globe.It seems that John Hancock was a retrocessionaire to pool members Sun Life Assurance of Canada and Phoenix Home Life. But after agreements are reached with other players, its damages could be limited to a few hundred million dollars, analysts say.Hancock only maintained 5 perce