Canada's Manulife Financial will reinsure C$5.4 billion ($3.86 billion) of its reserves as it looks to transfer some risk from its portfolio and free up capital for stock buybacks. Canada's ...
Reinsurance Group of America has agreed to reinsure a $4.1 billion block of Manulife Financial U.S. insurance business that includes $1.9 billion in long-term care insurance policies. The block ...