THE WIRE · № 61015
Manulife Closes Long-Term Care Reinsurance Transaction with Munich Re
01 THE MACHINE READ
WHY IT MATTERS.
Reinsuring $3.2B of long-term care reserves shifts biometric risk off Manulife's balance sheet, freeing capital but crystallizing legacy liability economics.
Legacy long-term care liabilities keep getting offloaded
Terms and capital impact disclosure from Manulife
Reinsurance counterparty or reserve adequacy questions
FULL DISPATCH
TORONTO, Oct. 1, 2026 /PRNewswire/ -- Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has closed1 the previously announced transaction to reinsure biometric risk on a block of long-term care policies with $3.2 billion of reserves2 to Munich American...
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
04 RECEIPTS
THE SOURCE RECORD.
2 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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