Manulife Closes Long-Term Care Reinsurance Transaction with Munich Re
TORONTO, Oct. 2, 2026 /PRNewswire/ -- Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has closed1 the previously announced transaction to reinsure biometric risk on a block of long-term care policies with $3.2...
Manulife announces $3.2 billion long-term care reinsurance transaction with Munich Re
• Company's third LTC reinsurance transaction and first on a standalone LTC block, highlighting Manulife's ability to transact in various structures • Full risk transfer on the biometric risk with no asset transfer • Upon closing, Manulife will have...