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Manulife streamlines universal life product

The goal is to simplify the firm's offering to its customers and advisors

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Great-West Lifeco raising quarterly dividend to shareholders by 12%

Fellow life insurers Manulife and Sun Life also announced dividend hikes this month

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Supreme Court won’t allow appeals from funds seeking to use life insurance for unlimited deposits

Insurers welcome the dismissal

  • By: Staff
  • November 4, 2021 November 4, 2021
  • 16:58

Accessing insurance policy values for the affluent client

A client scenario compares cash dividend versus policy withdrawal

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FSRA consults on proposed priorities

Total cost reporting for seg funds as well as title regulation are on the docket for fiscal 2022–23

  • By: Staff
  • October 8, 2021 October 8, 2021
  • 13:52
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Co-operators expands into wealth management

The firm's advisors have no minimums and are looking to serve "everyday Canadians"

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IDC WIN acquires insurance assets from AFL Groupe Financier

The Guardian Capital subsidiary bought the Quebec firm's life and health insurance business and seg fund assets

  • By: Staff
  • October 4, 2021 October 4, 2021
  • 16:09
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Sun Life buying U.S. dental benefits company DentaQuest for $3.1 billion

The acquisition will more than double the size of Sun Life's U.S. employee benefits business by revenue

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Canada’s warming may hurt access to insurance: DBRS

Increasingly severe weather may lead to pullback in coverage as losses rise

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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

  • By: Staff
  • September 14, 2021 September 14, 2021
  • 13:18
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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
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Outlook for reinsurers improves post-pandemic

Rising prices, economic recovery support sector’s earnings

  • By: Staff
  • September 7, 2021 September 7, 2021
  • 14:44
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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

Life insurer portfolios held up during pandemic

Strong diversification and conservative investment policies kept portfolios performing well

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

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

Global wealth and asset management net inflows reached $8.6 billion

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