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Manulife Announces $3.2 Billion Long-Term Care Reinsurance Transaction with Munich Re
Summary by Clayton News
21 Articles
21 Articles
Manulife announces $3.2 billion long-term care reinsurance transaction with Munich Re - CanadianSME Small Business Magazine
Company’s third LTC reinsurance transaction and first on a standalone LTC block, highlighting Manulife’s ability to transact in various structures Full risk transfer on the biometric risk with no asset transfer Upon closing, Manulife will have cumulatively reduced LTC risk by 24 Manulife Financial Corporation (“Manulife” or the “Company”) announced today that it has agreed to reinsure biometric risk1 on a block of long-term care (“LTC”) polici…
• Manulife's third long-term care reinsurance (LTC) operation, the post Manulife, announces a $3.2 billion long-term care reinsurance operation with Munich Re appeared first on Les Affaires.
·Montreal, Canada
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Total News Sources21
Leaning Left1Leaning Right2Center10Last UpdatedBias Distribution77% Center
Bias Distribution
- 77% of the sources are Center
77% Center
C 77%
15%
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