Manulife and Global Atlantic announce $13bn reinsurance deal
Reinsurance News - Dec 11, 2023
Manulife Financial Corporation has agreed to reinsure a combined $13 billion of reserves across four legacy/low ROE blocks to Global Atlantic and its partners. As per Manulife, the blocks include portions of U.S. LTC, U.S. structured settlements, and two Japan whole life products. The LTC block repr...
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