More insurers have been stepping forward to say they expect to weather the recent economic turmoil reasonably well.

Principal Financial Group Inc., Des Moines, Iowa, says it will be cutting the annual dividend on its common stock to 45 cents per share, from 90 cents, to conserve capital, but it says it expects to report more than 30 cents per share in net income, even after recording more than $140 million in investment losses.

Principal also has $375 million more capital than it needs to maintain its current AA rating, and it is “exploring other sources of internally generated capital,” the company says.

“Management has no current plans to raise equity capital for non-strategic reasons,” Principal says.

Manulife Financial Corp., Toronto, says it suffered about $200 million in credit losses during the third quarter but has little exposure to securities lending defaults.

The company notes that it also has about $11 billion in cash and high-grade short-term assets.

“Manulife is fully self-funded, meaning our businesses generate enough cash flow to sustain our operations without being dependent on the commercial paper markets or other short-term funding arrangements,” Manulife says.

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CORRECTION: An earlier version of this story gave an inaccurate description of Manulife’s discussion of its finances.