Reinsurance Group of America

ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, and John Hancock, a subsidiary of Manulife Financial Corporation (Manulife), a leading international financial services group, announced today an agreement to reinsure approximately US$4.1 billion in liabilities comprising $1.9 billion in long-term care (LTC) and $2.2 billion in structured settlements. This latest transaction builds on RGA's long-standing strategic par.» Mehr auf businesswire.com

Transacting on a younger LTC block further validates LTC reserves and assumptions Another milestone transaction that optimizes our portfolio $0.8 billion capital release will be returned to shareholders via share buybacks Conference call to be held Thursday, November 21, 2024, at 8:00 a.m. ET; details below TSX/NYSE/PSE: MFC SEHK: 945                                                                               C$ unless otherwise stated TORONTO , Nov. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has entered into a $5.4 billion 1  reinsurance agreement with Reinsurance Group of America ("RGA"), including $2.4 billion of long-term care ("LTC") reserves.» Mehr auf prnewswire.com

Reinsurance Group of America has thrived on strong underwriting performance, pension-risk transfer, and longevity markets, with a 43% YTD stock increase and a 17% average annual return over the past decade. Its niche focus on life and health reinsurance, coupled with a conservative investment strategy, supports long-term stability but suggests limited near-term upside. Despite the impressive performance, RGA warrants a Hold rating due to elevated valuation metrics, risk profile, and a conservative price target range of $200–$220.» Mehr auf seekingalpha.com