Manulife Financial announces $5.4bn reinsurance deal with RGA, including long-term care reserves
Manulife Financial Corporation has confirmed a significant $5.4 billion reinsurance agreement with Reinsurance Group of America (RGA), a transaction that includes $2.4 billion of long-term care (LTC) reserves. This deal marks another milestone in Manulife’s strategy to optimize its portfolio, enhance returns, and reduce risk exposure. Transaction highlights The reinsurance arrangement covers two distinct blocks […]