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Manulife Financial-S (00945.HK) and Global Atlantic reached a $13 billion reinsurance deal involving $6 billion in long-term care insurance business
Glonghui December 11 | Manulife Finance-S (00945.HK) announced that the company announced today that it has agreed to reinsure four of its old businesses/businesses with low returns on shareholder capital to Global Atlantic, including $6 billion in reserves involving long-term care insurance (“LTC”) business. The main points of the transaction are as follows: the reserves of $13 billion, including $6 billion or equivalent to 14% of the total LTC reserves, will be reinsured to GlobalAtlantic and its business partners; this is the largest LTC business reinsurance transaction ever; this
UPDATE 2-Manulife Financial Inks $9.6 Bln Reinsurance Deal With Global Atlantic
Manulife Signs Reinsurance Deal With Global Atlantic, Plans to Buy Back Shares
Global Atlantic Announces $10 Billion Block Reinsurance Agreement With Manulife Across Both US and Japan Business
Global Atlantic Financial Group ("Global Atlantic"), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced it has signed a $10 billion reinsurance
Manulife Brief: Says "Largest Ever" LTC Reinsurance Transaction and "Major Milestone" for Its Portfolio Transformation; $1.2 Billion Capital Release Will Be Returned to Shareholders via Share Buybacks
06:47 AM EST, 12/11/2023 (MT Newswires) -- Manulife Brief: Says "Largest ever" LTC reinsurance transaction and "Major milestone" for Its portfolio transformation; $1.2 billion capital release will be
Manulife Brief: Announcing $13 Billion Reinsurance Deal, Including $6 Billion of Long-term Care, With Global Atlantic
06:47 AM EST, 12/11/2023 (MT Newswires) -- Manulife Brief: Announcing $13 billion reinsurance deal, including $6 billion of long-term care, with Global Atlantic
Earnings Call: MongoDB Posts Robust Q3 Results, Revenues Climb 30%
Manulife Investment Management Announces $1.2 Billion Industrial Recapitalization With Scannell Properties and StepStone Real Estate
Manulife Investment Management Announces Estimated Reinvested Capital Gains Distributions for Manulife Exchange Traded Funds
Brookfield and EIG Revise Origin Energy Takeover Bid to $10.6 Billion
Toronto Stock Exchange Edges up Amid Mixed Stock Performances
Manulife Investment Management Announces Cash Distributions for Manulife Exchange Traded Funds
Toronto Stock Exchange Closes Slightly Higher Amid Mixed Sector Performance
Manulife Bank's Financial Health Survey Finds Economic Volatility Taking a Toll on Canadians
The Top 10 Value Plays, According to SA Quant Ratings
Manulife Annuities Return, Delivering Robust Retirement Income Solutions for Advisors and Clients
Straits Times Index Dips as Banks Falter, Singtel Reacts to Optus Fallout
Manulife Financial To Go Ex-Dividend On November 21st, 2023 With 0.26436 USD Dividend Per Share
November 20th - $Manulife Financial(MFC.US)$ is trading ex-dividend on November 21st, 2023. Shareholders of record on November 22nd, 2023 will receive 0.26436 USD dividend per share on December 19
Manulife Sets Ex-dividend Date Ahead of CA$0.36 per Share Payout