Venerable enters into reinsurance agreement with manulife financial corporation

West chester, pa., nov. 15, 2021 /prnewswire/ -- venerable holdings, inc. ("venerable"), the leader in providing innovative risk transfer solutions to variable annuity issuers, today announced a transaction with manulife financial corporation (nyse: mfc) ("manulife") to reinsure approximately us$22 billion of variable annuity business from its u.s. subsidiary john hancock.
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