RGA completes transaction with Manulife to reinsure longevity risk of 45,000 annuitants
RGA Canada has announced the completion of a transaction with Manulife to reinsure the longevity risk from an in-force block of Canadian group payout annuities. In total, RGA Canada will reinsure the longevity risk for approximately 45,000 annuitants. The move is another step in Manulife’s strategy to release capital.
A reinsurer that is particularly active in the longevity insurance market,...
by Alain Thériault Feb. 15, 2019, 1:30 p.m.