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Best’s News & Research Service subscription required - November 16, 2021 04:13 PM (EST)

Venerable Agrees to Reinsure $22 Billion of John Hancock Variable Annuity Business

Venerable Holdings Inc. said it has agreed to reinsure about $22 billion of variable annuity business held by Manulife Financial Corp.’s U.S. subsidiary John Hancock Life Insurance Co. . . .

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