Manulife Closes Long-Term Care Reinsurance Transaction with Munich Re
The deal reinsures biometric risk on long-term care policies with C$3.2 billion in reserves, giving Manulife added capital flexibility.
- Manulife Financial Corporation closed a transaction with Munich American Reassurance Company, a Munich Re Group subsidiary, to reinsure biometric risk on long-term care policies.
- The policies involved C$3.2 billion in reserves under an 80% quota share arrangement.
- The reinsurance became effective on July 1, 2026.
- Munich Re Life US provides life and disability reinsurance, financial reinsurance, and merger-and-acquisition support.
45 Articles
45 Articles
Munich Re's $3.2bn long-term care reinsurance transaction with Manulife now in-force
The previously announced deal between Munich Re’s US life reinsurance subsidiary, Munich American Reassurance Company (Munich Re Life US) and Manulife Financial Corporation, which sees the former assume the biometric risk on a USD 3.2 billion block of the latter’s long-term care policies, is now in-force. Manulife highlighted that this deal aligns with its ongoing […]
Manulife Closes Long-Term Care Reinsurance Transaction with Munich Re
TORONTO, Oct. 1, 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 billion of reserves2 to…
Manulife Closes Long-Term Care Reinsurance Transaction with Munich Re - Business News Week
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 billion of reserves2 to Munich American Reassurance Company (“Munich Re Life US”), a subsidiary of Munich Re Group. For more information on […] The post Manulife Closes Long-Term Care Reinsurance Transac…
TORONTO, Oct. 1, 2026 /CNW/ -- Today Manulife Financial Corporation ("Manuvie" or the "Company") announced that it has concluded1 with Munich American
Coverage Details
Bias Distribution
- 70% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
