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Principal Financial Group® Closes Reinsurance Transaction

Wink Intel

Under the agreement, the company has reinsured approximately $25 billion of in-force statutory reserves, and Talcott has engaged Principal ® to manage approximately $4 billion in commercial mortgage loans and private credit assets for the lifetime of the assets.

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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. trillion ) in assets under management and administration, and in the previous 12 months we made CAD$31.6

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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. and select emerging markets, global asset management, and U.S. benefits and protection.

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. and emerging markets, global asset management, and U.S. Key takeaways and total company guidance.

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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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Best Enterprise Search Software in 2024 (Buyer’s Guide)

Alpha Sense BI

Unfortunately, the sheer volume of data most organizations are dealing with, including their own internal content , makes knowledge management a herculean task. Furthermore, enterprise content is frequently siloed, making it difficult to leverage firmwide intellectual property.

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Corebridge Financial Announces Third Quarter 2022 Results

Wink Intel

As we look to the strength of our balance sheet, the consistency of our cash flows and the diversification of our businesses and earnings sources, we are confident in our ability to return significant capital to shareholders through a combination of dividends and share repurchases.”. _. Asset management. . $. Three Months Ended.

Loss 40