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Moody’s Investors Service has affirmed the ratings on Manulife Financial Corp. and all of its subsidiaries following its announcement of a $2.1 to $2.3 billion issuance of common equity and an estimated fourth quarter loss of $1.5 billion, including a $2.7 billion reserve increases for equity market-related policy guarantees.
The sharpshooters at publicly owned insurers used to scoff at their stodgy competitors, the mutual insurers. Not anymore.
Earnings per share of $3.05 versus $4.01, includes $0.82
And, how the NBER decided the U.S. is in recession
With the economy in trouble, many people's personal finances aren't far behind.
LONDON, UNITED KINGDOM-- - Mano River Resources Inc -
Insurance companies are hurting, and you'll pay the price.
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