Manulife's Gori Seized Retirement Before Anyone Asked Him to Go [BNN Bloomberg (Canada)]
Reinsurance Group of America, Incorporated (RGA)
Last reinsurance group of america, incorporated earnings: 1/28 04:15 pm
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Source: BNN Bloomberg
Australian-born Gori, 56, who has led the Toronto-based insurer and asset manager since 2017, said in an interview Thursday he looked to the famous Indian cricketer Vijay Merchant for inspiration on this front. “He once said, ‘Retire when they ask you, Why?, not Why not?'” Gori said. “I'm humbly hoping that more people are asking ‘Why?' for me.” The conditions were right, he said, because Manulife has a strong successor lined up to take over in May — Phil Witherington, 47, currently head of the Asia division. The firm also has “great business momentum,” in part from a series of deals to de-risk its balance sheet, Gori said. Manulife just signed a third such accord in the span of less than a year, it said Wednesday, with Reinsurance Group of America agreeing to reinsure C$5.4 billion ($3.9 billion) of reserves. Capital Release The transaction, which includes C$2.4 billion in long-term care reserves, will allow Manulife to release C$800 million in capital, which it plans to r
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- Market movers: Stocks seeing action on Thursday - and why [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Manulife reaches reinsurance deal worth $5.4-billion to free up capital [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
RGA
Earnings
- 10/31/24 - Beat
RGA
Sec Filings
- 11/1/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/24/24 - Form 8-K
- RGA's page on the SEC website