FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Long-term care: Manulife reassures $6 billion

By Alain Thériault | Dec. 19, 2023, 10:49 a.m.

Photo: Freepik | vwalakte

The insurer describes the reinsurance operation as the largest ever LTC reinsurance transaction.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Life Insurance

Sun Life's net income down slightly in the second quarter

Great-West Life’s net earnings rise by 77%

Return to work tactics bolstered by research

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

How to start every new insurance prospect meeting

Licensing for managing general agencies: the consultation period ends

Canadian life application activity flat in August

Related topics …

Flash

Licensing for managing general agencies: the consultation period ends

Industry urged to be proactive and use more advanced risk models

Reinsurers called out for retreating from risk

A strong first half for four Canadian property and casualty insurers

Living Benefits

Return to work tactics bolstered by research

Manulife net income flat in second quarter

Great-West Life’s net earnings rise by 77%

Legislative changes have implications for plan administrators

Long Term Care

Multi-cancer early detection tests expected to impact mortality rates

Lack of urgency about sustainable pensions is putting many seniors at risk

Individual critical illness insurance: The main products available in Canada

Alzheimer Society releases recommendations for dementia patients

Life Insurance

Canadian life application activity flat in August

Seniors least likely to have dental insurance

Ontario ministry scrutinizes preferred provider networks

Defined benefit pension plan membership numbers increase

BENEVA

Mental Health challenges: Effective solutions often overlooked

Novo Nordisk's new anti-obesity drug spurs high demand

Age makes all the difference for 20-year term insurance

Navacord acquires travel insurance brokerage

QUÉBEC BLUE CROSS

Interest rates: A selling point for credit insurance

Most popular life insurance articles of 2023

Blue Cross curbs sales of three individual products

Non-guaranteed disability insurance: 11 coverage options

SUN LIFE FINANCIAL

Economic uncertainty fails to dampen Canadian life insurers' performance

Global healthcare reinsurance premiums continue to rise

Sun Life's net income down slightly in the second quarter

Focus on employee’s financial well-being non-negotiable

ONTARIO BLUE CROSS

Creditor insurance essential to protect repayments

Credit insurance: Seven products available on the market

Critical illness insurance: the main products available

Disability insurance: 17 options in two product lines

OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS (OSFI)

Insurers defend their climate transition plans

Insurers should abandon fossil fuels, say investors

Manulife reinsures $5.8 billion of reserves for block of universal life business

Assumption Life insurance sales surged in 2023

DESJARDINS

Deaths among off-road vehicle riders on the rise

Desjardins reports 152% surge in insurance surplus earnings for the second quarter

30 leaders will examine the future of life insurance distribution

Investors flock to equity exchange-traded funds

UV INSURANCE

Insurers boosted by simplified issue insurance sales

Individual insurance in 2024: clients demand quicker responses

Several new developments in permanent life insurance

Seg funds: Regulators agree with charge back but in a tightened manner

RBC

RBC reports 29% rise in third-quarter wealth management earnings

Managing change and transformational initiatives

Pension investment returns positive in the second quarter of 2024

RBC Wealth Management net income rises 7% in second quarter

BLUE CROSS CANASSURANCE

Beneva drops Penncorp products due to lack of profitability

Life insurance: Vive la difference in the permanent product market

Inflation continues to fuel travel insurance concerns

Insurers sticklers for snowbirds' health stability

MANULIFE

Report notes sharp increase in the use of obesity and substance abuse treatments

Manulife's earnings down 38 per cent in the first quarter of 2024

Insurers pushing their limits in accelerated underwriting

A veteran of the Client Management Software industry returns

Special risks

Pensions continue derisking

Poor integration of current technologies hinders pricing

Ways to mitigate damage caused by breaches

Intact nearly triples profit in Q2 2024

International

Dedicated reinsurance capital rose in 2023

Global reinsurers saw positive underwriting results in 2023

iA Financial Group reports 5% increase in net income for second quarter of 2024

Markets confirm the value of long-term financial plans