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Sun Life Financial Inc. (0VJA.L)
- Reuters
Canadian insurer Manulife sets cash target ahead of Asia investor day
Manulife Financial said on Monday it expects to generate more than C$22 billion ($16.11 billion) of cash by 2027, as the Canadian insurer laid out a plan ahead of its investor day in Asia for cash generation in a higher interest-rate environment. The insurer, which has increasingly focused on Asia for growth, is organising the two-day event on Tuesday in Hong Kong and Jakarta, the second time it has done so in the region. Manulife introduced the cumulative remittances target as it focuses on cash generation and has completed reinsurance deals to unlock millions of dollars.
- CNW Group
SLC Management launches SLC Global Insurance Group
SLC Management, the US$277 billion institutional fixed income and alternatives asset manager, is pleased to announce the launch of the SLC Global Insurance Group, a dedicated team focused on servicing the complex needs of the world's leading insurance companies with bespoke investment solutions.
- PR Newswire
Sun Life announces intention to redeem Series 2019-1 Subordinated Unsecured 2.38% Fixed/Floating Debentures
Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("Sun Life") today announced its intention to redeem all of the outstanding $750 million principal amount of Series 2019-1 Subordinated Unsecured 2.38% Fixed/Floating Debentures (the "Debentures") in accordance with the redemption terms attached to the Debentures. The redemption will be funded from existing cash and liquid assets.
