Survey of 80 insurers globally examines investment portfolio positioning plans for 2024.
Approximately 16,000 accounts to be transferred upon transaction’s completion.
A sudden shift in economic fortunes could pose a risk to funded positions in the future.
DB plans should consider risk management options as ratios improve.
Recent deterioration has negative impact on earnings; capital levels not affected.
Before this purchase, the reinsurer owned 9.88 per cent of the company’s common shares.
Registered representative ordered to pay $386,492.