Global News - Pacific Life buys Manulife Financial’s life retrocession business

Source: Asia Insurance Review | Aug 2011

Pacific Life Insurance Co has signed an agreement to purchase Manulife Financial Corp’s life retrocession business. The portfolio of approximately US$106 billion of individual life reinsurance face amount will make Pacific Life the leading individual life retrocessionaire in North America, with an approximate 41% share of the market.

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Global News - Pacific Life buys Manulife Financial’s life retrocession business

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