PRU 保德信 PUK 保誠 MFC 保險 美

還好有多種果樹

同學加油，
教過不下50次了

講稿 13/21：IRR (Lecture 13/21 IRR)
http://mikeon88.blogspot.com/2018/08/1321irr.html

關鍵字查詢：預期常利不合理

謝謝MIKE大的指導

Manulife to buy back $1.2B in stock as part of $13B reinsurance deal with Global Atlantic

Manulife Financial Corp. MFC, +0.45% said Monday it agreed to have Global Atlantic reinsure $13 billion of its reserves across four legacy/low return-on-equity blocks. The company plans to buy back $1.2 billion in stock as part of the deal. The blocks include portions of U.S. long-term care (LTC), U.S. structured settlements, and two Japan whole life products. The LTC block represents $6 billion, or 14% of Manulife’s total LTC reserves as of Sept. 30 and marks the largest reinsurance transaction in the LTC space. Manulife said the deal “represents a full risk transfer with significant structural protection, and with a highly experienced counterparty and its partners.” Global Atlantic is backed by KKR & Co. Inc. KKR, +1.93%. Manulife’s stock was down 0.2% in premarket trades.

Manulife 將回購 12 億美元股票，作為與 Global Atlantic 達成 130 億美元再保險協議的一部分

Manulife Financial Corp.（MFC，+0.45%）週一表示，已同意讓 Global Atlantic 為其四個傳統/低股本回報率區塊的 130 億美元準備金提供再保險。該公司計劃作為交易的一部分回購 12 億美元股票。

這些區塊包括美國長期護理 (LTC)、美國結構性清算以及兩個日本整型壽險產品。長期護理業務規模為 60 億美元，佔 Manulife 截至 9 月 30 日長期護理總準備金的 14%，是長期護理領域最大的再保險交易。

Manulife 表示，此交易“代表了全面的风险转移，具有重要的结构性保护，并拥有经验丰富的交易对手及其合作伙伴”。Global Atlantic 由 KKR & Co. Inc.（KKR，+1.93%）支持。Manulife 的股價在盘前交易中下跌 0.2%。

Prudential authorizes the repurchase of up to $1.0 bln of its common stock from January 1, 2024 to December 31, 2024
4:55 PM ET 12/11/2023 | Briefing.com

保德信授權在2024年1月1日至2024年12月31日期間，回購最多10億美元的普通股。

PRU 中文應該是保德信，而不是英國的保誠。希望我的PRU能早日解套,目前約賠16%

ChatGPT的翻譯
已改正
謝謝宏比特桑指正

很多經驗吿述我，個股短期虧損沒關係
美股在漲很快e.g. MCK PCAR FINMY BA SIEGY…

謝謝Curry桑的鼓勵，美股真的漲很快，這幾天持股的市值一直在創新高!

唉…PRU表現一直落後其他同業…
保費收入下滑，保險商品又以附有保證給付的變額年金(variable annuities)為主，設計複雜且吃重保險公司的投資與避險績效，偏偏績效也衰退；一些近幾年的M&A似乎也還無法對於bottom line有任何實質貢獻。
這一切都不太符合保德信的資優生招牌。

Manulife delays Asia earnings goal by two years, shares surge after earnings beat

TORONTO (Reuters) -Canada's largest insurer Manulife Financial Corp on Thursday pushed back its goal for its Asia unit to account for half of its core earnings by two years to 2027, citing the pandemic and a change in accounting method. The insurer's shares on the Toronto Stock exchange surged 7% to C$32.8, hitting their highest since 2008, after it comfortably beat core earnings estimates for the fourth quarter, powered by strength at its Asia and Canada businesses, and raised its dividend by 10%. Asia, where Manulife operates in 13 markets with about 13 million customers, has been a strong point for the company's earnings, largely benefiting from a resurgence in mainland Chinese tourists returning to Hong Kong after pandemic restrictions were lifted and seeking insurance cover.

ChatGPT：
Manulife將亞洲盈利目標延後兩年，盈利超預期後股價飆升

多倫多（路透社） - 加拿大最大的保險公司加拿大萬通金融（Manulife Financial Corp）於星期四將其亞洲單位在2027年前占據核心盈利的目標延後兩年，原因是受到大流行病和會計方法變更的影響。在亞洲和加拿大業務的強勁表現推動下，該公司在多倫多證券交易所的股價飆升了7％，達到32.8加元，創下2008年以來的最高水平，此後由於在第四季度核心盈利超出預期，並將股息提高了10％。亞洲是Manulife的盈利亮點，該公司在亞洲13個市場擁有約1300萬客戶，主要受惠於大陸中國遊客解除大流行病限制後返回香港並尋求保險保障。