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Life insurance payouts related to Covid-19 totalled $154M in 2020

A similar amount was paid in disability benefits to support recovering workers

family life insurance, family services, family policy and supporting families concepts businessman with protective gesture and silhouette representing young family

Ontario regulator seeks feedback on life agent reporting requirements

FSRA's consultation also includes insurers' related obligations to ensure agent suitability

  • By: Staff
  • September 9, 2021 September 9, 2021
  • 15:11

Outlook for reinsurers improves post-pandemic

Rising prices, economic recovery support sector’s earnings

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 14:44
young couple meeting with advisor

Even after Covid, many Canadians unprepared for crisis: survey

Emergencies would negatively impact most people's finances

  • By: Staff
  • August 31, 2021 August 31, 2021
  • 14:16
Toronto skyline in financial district

Life insurer portfolios held up during pandemic

Strong diversification and conservative investment policies kept portfolios performing well

Macro shot of a hand of a businessman signing or writing a document on a sheet of white paper using a nibbed fountain pen.

Brookfield Reinsurance to buy U.S. insurer American National for US$5.1 billion

The deal is expected to close in the first half of 2022

Business and financial district in a city with pillars

Manulife beats expectations as second-quarter profit surges to $2.6 billion

Global wealth and asset management net inflows reached $8.6 billion

Toronto skyline in financial district

Sun Life Q2 profit increases 73% to $900 million

Canada was the biggest contributor to net profits in the quarter

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Highest proportion of at-home workers are in finance, insurance

Industry and firm size are key factors in the ability to work from home, StatsCan says

  • By: Staff
  • August 4, 2021 August 4, 2021
  • 11:39
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GWL base earnings increase 17% in Q2

MassMutual business contributed to the results

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BMO Insurance adds ESG options for universal life policies

Five new indexed accounts track ESG funds managed by BMO GAM

  • By: Staff
  • August 3, 2021 August 3, 2021
  • 15:17

Empire Life reports lower Q2 earnings

Expected profit on in-force business also fell by 4%

  • By: Staff
  • July 30, 2021 July 30, 2021
  • 11:08
wealthy investor

TD Insurance launches bespoke service for wealthy clients

Private Client Advice will provide customized coverage

  • By: Staff
  • July 21, 2021 July 23, 2021
  • 11:39

Equitable collaborates with Desjardins to expand line of credit offering

Qualifying whole-life policyholders with Desjardins can now apply for a CSV loan

  • By: Staff
  • July 14, 2021 July 14, 2021
  • 11:53

New digital life insurance broker launches

Dundas Life offers rate comparisons and policy applications online

  • By: Staff
  • July 6, 2021 July 23, 2021
  • 11:46

Life insurance claims related to Covid-19 increase amid second wave

Last year, December had the second-highest monthly total for individual claims attributable to the virus

  • By: Staff
  • June 23, 2021 June 23, 2021
  • 13:46

ALDAs: to buy or not to buy

A breakdown of who benefits from the federal government’s proposed annuity

  • By: Jim Otar
  • February 7, 2020 May 12, 2020
  • 09:30

Disputing when critical illness insurance is payable

Former cabinet minister John Manley lost a case contesting a policy's "triggering event"

Snowbirds file legal challenge against OHIP cuts

As of Jan. 1, 2020, Ontarians no longer have out-of-country health insurance from the province