
Manulife Finalizes $3.2 Billion Long-Term Care Reinsurance Deal
Manulife Financial Corporation has officially closed a reinsurance agreement with Munich American Reassurance Company, transferring biometric risk associated with a block of long-term care policies. The transaction, which carries $3.2 billion in reserves, marks a strategic shift for the Toronto-based insurer as of July 1, 2026.
























