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KBRA Upgrades Venerable Ratings

KBRA Revises Venerable Outlook to Positive and Affirms Ratings

Manulife Closes Variable Annuity Reinsurance Deal With Venerable Holdings

TORONTO, Feb. 1, 2022/ PRNewswire/- Manulife announced today that its subsidiary, John Hancock Life Insurance Company, has successfully closed the previously announced transaction to reinsure a substantial portion of its legacy U.S. Variable Annuity block, consisting primarily of policies with Guaranteed Minimum Withdrawal Benefits riders, with Corporate.

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