What Makes Manulife Financial (MFC) a Strong Momentum Stock: Buy Now?

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Manulife Financial Corp Price Target Raised to C$48.00/Share From C$47.00 by Cormark Securities

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Manulife Financial - S (00945.HK) announced a 5.4 billion Canadian dollar reinsurance trade with RGA, which involves 2.4 billion Canadian dollars of long-term care insurance business.

Granglu 21st November, manulife financial-S(00945.HK) issued an announcement that on 20th November 2024 (Toronto time), the company today announced a 5.4 billion Canadian dollar reinsurance agreement with reinsurance group of america, incorporated ("RGA"), including 2.4 billion Canadian dollars of LTC reserves. The company will reinsure a total of 5.4 billion Canadian dollars of reserves for two groups of existing businesses to RGA. These two groups of business involve part of the usa LTC business and usa structured settlement arrangements. The LTC business involves 2.4 billion Canadian dollars, accounting for manu

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