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| Loan portfolios is a good portion, including farmland. Tax free float of reinvestment income. Higher yielding private placement and preferred stocks. John Hancock is unique in their holdings in addition to the aforementioned investments, they own mines, cranberry marshes, timber forests to name a few. Only 2% of term life insurance policies are ever paid out, so that is a very profitable core business also.
Edited by Boone & Crockett 2/9/2021 08:16
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