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Manulife Financial Corporation (MFC $50.58)
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Intact Financial Corporation (IFC $251.75)
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Sun Life Financial Inc. (SLF $65.26)
Q: Please confirm as I could be misremembering: stock market drifting lower is not good for insurance companies. Please provide some context if I am correct. Which insurance company would be less impacted ?
5i Research Answer:
Insurance companies typically invest their "surplus" in bonds and stocks, typically with more...