Munchener Ruckversicherungs-Gesellschaft AG MUV2

OLDWICK, N.J., August 17, 2026--Foreign currency exchange gains against the U.S. dollar have enabled Munich Re and Lloyd’s to reach the top echelon in AM Best’s companion rankings of the world’s largest reinsurers, which differ based on accounting standards.

Manulife Financial (TSX:MFC) announced a C$3.2b long term care reinsurance agreement with Munich Re alongside its latest results. The transaction relates to Manulife's long term care insurance block and is intended to transfer a portion of related risk to Munich Re. Manulife reported 16% growth in core earnings in the same update, highlighting the financial impact of recent actions. Manulife is far from the only insurer reshaping its risk profile, so it can be useful to compare this move...