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Source PR Newswire Financial Services prnewswire.com Newswire
August 5, 2026 ai_technology finance

Manulife announces $3.2 billion long-term care reinsurance transaction with Munich Re

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Overview

• 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 cumulatively reduced LTC risk by 24%...

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