Volvo will be using the Next gen 4.3 LV1 engines
Both the 4.3 and 6.0 engines are fully closed cooled, even the exhaust, so corrosion is not an issue and the exhaust should last a lifetime.
Volvo warranties the cats for 3 yrs/480 hrs. I will be going into my 3rd season with the 6.0l with cats. No issues, very fuel efficient when compared to BB alternatives, Performance is awesome, and the cats require No maintenance.
The Volvo 225 is based on the 5.7 Gen 1e, which is the only 5.7 marinized by GM.