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Manulife Financial Corporation has agreed to reinsure CAD 5.8 billion (USD 4.4 billion) of reserves of low ROE Canadian universal life block to RGA Life ....
The deal with RGA Life Reinsurance Company of Canada is expected to generate $800-million of capital, which Manulife intends to use for share buybacks, it said. ....
Canada s main stock index inched up on Monday, boosted by energy and mining firms at the start of a holiday-shortened week, while telecom firm Telus slid following a rating downgrade. At. ....
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