Latest news in Life


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

Close up of a woman using a laptop

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
calculating numbers for income tax return with glasses pen and calculator

GWL base earnings increase 17% in Q2

MassMutual business contributed to the results

Tree Flat icon set

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
Umbrella, Standing Out From The Crowd, Individuality, Inspiration, Leadership

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
rockets launching

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
Close up of a finance graph on an office desk UP

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
Communication network concept. Multiple exposure.

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


Insurance regulators consult on conduct principles

The proposal complements the guidance on fair treatment of customers

  • By: Staff
  • June 2, 2021 July 23, 2021
  • 13:05
Financial graphs analysis

Insurers hop on LRCN bandwagon

More firms are expected to take advantage of new rules adopted last month, DBRS says

hands protecting young family at the field

Canada Life offers customizable term insurance

Clients can choose the exact term they want

  • By: Staff
  • April 5, 2021 July 23, 2021
  • 08:30

Ensure your client can afford policy premiums

Needs assessment is more than gathering information

court gavel regulatory

Universal life policies can’t be used for unlimited deposits, appeal court rules

Hedge funds argued they should be able to make unlimited deposits for a guaranteed return

office worker with mask and briefcase

CLHIA shoots down online rumours about Covid-19 vaccines and insurance

The associated rebutted false claims that vaccination would affect benefits and coverage

  • By: Staff
  • March 8, 2021 March 8, 2021
  • 11:07
Close up on a file tab with the word life insurance, focus on the main text and blur effect. Concept image for illustration of family protection policy

Life insurance claims increase in Q2 due to Covid-19

The spike was within an acceptable range for insurers

Road sign

Low rates affecting insurers’ products, portfolios: DBRS

The rating agency outlines the ongoing interest-rate challenge for the insurance industry

Umbrella, Standing Out From The Crowd, Individuality, Inspiration, Leadership

IA Financial’s profits rebound with strong sales in second quarter

Sales of individual insurance and guaranteed products were up

Supreme Court of Canada building in Ottawa, Canada

Supreme Court upholds genetic non-discrimination law

The act ensures Canadians can take genetic tests without being disadvantaged for insurance