Canada’s Manulife signs C$5.4 billion reinsurance deal to lower risk

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. The agreement with …

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=673e654e22ae4bf2aa45ad266725f144&url=https%3A%2F%2Fwww.msn.com%2Fen-ca%2Fmoney%2Ftopstories%2Fcanadas-manulife-signs-c-54-billion-reinsurance-deal-to-lower-risk%2Far-AA1uskNS&c=14262103286851961220&mkt=en-us

Author :

Publish date : 2024-11-20 09:05:27

Copyright for syndicated content belongs to the linked Source.

Exit mobile version