Manulife announces $5.4 billion reinsurance transaction, including $2.4 billion of long-term ...

Retrieved on: 2024-11-20 21:32:13

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Reinsurance companies

Manulife

S&P/TSX 60

International Financial Reporting Standards

Reinsurance

Forward-looking statement

Materiality

Fair value

Mergers and acquisitions

Derivative

Manulife Financial Corporation

United States

Reinsurance Group of America Incorporated

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Manulife announces $5.4 billion reinsurance transaction, including $2.4 billion of long-term .... View article details on hiswai:

Summary

The article discusses Manulife Financial Corporation's $5.4 billion reinsurance deal with RGA to enhance its portfolio management, simultaneously addressing climate risks impacting reinsurance industries. It highlights strategic financial maneuvers within the reinsurance sector, with climate change considerations implicitly influencing risk-bearing and forward-looking statements.

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