Canada Life launches sustainable target date funds
The seg funds look to invest in companies with strong ESG practices
Latest news in Life
Manulife streamlines universal life product
The goal is to simplify the firm's offering to its customers and advisors
- By: Daniel Calabretta
- November 22, 2021 November 22, 2021
- 13:12
Great-West Lifeco raising quarterly dividend to shareholders by 12%
Fellow life insurers Manulife and Sun Life also announced dividend hikes this month
- By: Staff, with files from The Canadian Press
- November 15, 2021 November 15, 2021
- 11:07
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
- By: Pierre Ghorbanian
- October 25, 2021 October 25, 2021
- 14:24
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
Co-operators expands into wealth management
The firm's advisors have no minimums and are looking to serve "everyday Canadians"
- By: Melissa Shin
- October 8, 2021 October 8, 2021
- 13:33
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
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
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
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
- By: Melissa Shin
- August 17, 2021 August 17, 2021
- 11:37
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
- By: The Canadian Press
- August 9, 2021 August 9, 2021
- 14:50
Manulife beats expectations as second-quarter profit surges to $2.6 billion
Global wealth and asset management net inflows reached $8.6 billion
- By: The Canadian Press
- August 5, 2021 August 5, 2021
- 12:12
Sun Life Q2 profit increases 73% to $900 million
Canada was the biggest contributor to net profits in the quarter
- By: The Canadian Press
- August 5, 2021 August 5, 2021
- 12:05
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
GWL base earnings increase 17% in Q2
MassMutual business contributed to the results
- By: The Canadian Press
- August 4, 2021 August 4, 2021
- 10:10
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
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
Sun Life raises limit for non-medical life insurance coverage to $5 million
Some insurers have struggled to sell products to younger consumers accustomed to online purchases
- By: Mark Burgess
- June 14, 2021 June 14, 2021
- 11:53