RGA Life Reinsurance Company of Canada (RGA Canada), a subsidiary of Reinsurance Group of America, Incorporated , a leading global life and health reinsurer, and The Manufacturers Life Insurance Company (Manulife), a subsidiary of Manulife Financial.
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