Manulife & RGA close largest ever Canadian universal life reinsurance deal

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Reinsurance News - Apr 04, 2024

Manulife Financial Corporation has successfully closed the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life Reinsurance Company of Canada. If you recall, the transaction was announced last month, with ManulifeĀ  agreeing to reinsure CAD 5.8 billion (U...

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