$198 million charge in reinsurance division
Tool designed to deal with Capital Accumulation Plan Guidelines
Program covers 60,000 employees
Products series includes RIF, LIF, LFIF and PRIF options
Insurer says Hancock purchase is on-track
Target markets are joint-ventures and small-to-medium sized companies
Insurer looking forward to bright future, CEO says
Guarantees cover two series of notes
Offer to help Portus clients deemed “fair and reasonable”
Combined donations total $60,000