Emerging markets drive positive swing in ratings, led by Russia
Stolen data on 24,000 client accounts could have reputational repercussions
Efforts to raise capital have helped Manulife absorb market declines
Odyssey Re privatization offers greater upstream dividend potential, firm says
Rating agency cites concerns about profitability in market uncertainty
Some downgrades are expected
New actions aim to increase transparency and maintain investor confidence
Forecast calls for sharp 4.6% increase
Proposals include the use of fair value reporting
Some portfolios could see substantial downgrades