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Manulife closes U.S. Variable Annuity Reinsurance Transaction with Venerable Holdings, Inc.

Wink Intel

“This transaction unlocks value for our shareholders and meaningfully reduces our go-forward risk profile, while contributing to our goal of shifting the earnings mix of our franchise to focus on our highest potential businesses. securities regulators.

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Principal Financial Group® Closes Reinsurance Transaction

Wink Intel

Principal continues to expect deployable proceeds of approximately $800 million in 2022 from the closed transaction in combination with additional transactions designed to improve the capital efficiency of its in-force individual life insurance business. The proceeds are included in the company’s planned $2.0 billion-$2.3

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Principal Financial Group® Announces Reinsurance Transaction, Increases Share Repurchase Authorization by $1.6 Billion

Wink Intel

Principal ® expects deployable proceeds of approximately $800 million upon closing of this reinsurance transaction and through additional transactions designed to improve the capital efficiency of its in-force individual life insurance business. Increased capital return to shareholders. benefits and protection. billion to $2.0-$2.3

Capital 40
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Principal Financial Group Announces 2022 Outlook

Wink Intel

billion of planned capital returned to shareholders. retail fixed annuity and universal life insurance with secondary guarantee (“ULSG”) blocks of business and additional transactions to improve capital efficiency. billion of capital to shareholders in 2022, including $2.0-$2.3 Incurred loss ratio. . . 60 – 64%.

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Manulife enters agreement to reinsure over 75% of U.S. Variable Annuity block to Venerable Holdings Inc.

Wink Intel

Transaction releases capital, reduces risk, and unlocks value from legacy business. billion of capital released 3 including a one-time after-tax gain of approximately $750 million to net income attributed to shareholders, validating the conservatism of our reserves, and the release of approximately $1.3 Lowers the total U.S.

Capital 40
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Is Amazon Scraping Legal?- A Primer on the Illegal and Unethical Uses of Amazon Web Scraping

Data Hut

Predatory pricing Predatory pricing is a strategy where companies undercut competitors by selling products at drastically reduced prices, often at a loss. Opportunists often target platforms like Amazon during crises, capitalizing on high-demand items to profit at the expense of those desperately in need.

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Corebridge Financial Announces Fourth Quarter and Full Year 2022 Results

Wink Intel

We maintained a strong financial position throughout the year and delivered on our capital management goals for 2022. We have a strong balance sheet and free cash flow profile, and we will stay disciplined in deploying capital to create value for our customers, distribution partners and other stakeholders.”

Loss 40