iA reports lower profit in Q3
Retail fund sales remained positive as customers sought cash-equivalent products
- By: Staff
- November 9, 2022 November 9, 2022
- 12:11
Top Stories in Insurance
Nicola Wealth buys Levine Financial Group
Toronto-based firm provides insurance products and services to doctor clients
- By: Staff
- November 8, 2022 November 8, 2022
- 11:11
Great-West Lifeco profit down 21% in latest quarter
Results reflect impacts of Hurricane Ian, market volatility
- By: Staff
- November 3, 2022 November 3, 2022
- 15:44
The data behind soaring seg fund sales
Positive industry trends, not regulatory arbitrage, supported sales last year
- By: Michelle Schriver
- November 2, 2022 November 2, 2022
- 12:38
Universal life shouldn’t be universally recommended, regulator says
At an annual Advocis event, FSRA raised concern about sales incentives being misaligned with customer needs
- By: Greg Meckbach
- October 27, 2022 October 27, 2022
- 11:40
FSRA initiates enforcement action over MGA’s training practices
The regulator alleged a firm's training instructs life agents to mislead consumers, which the firm refutes
- By: Staff
- October 25, 2022 October 25, 2022
- 11:32
When to talk about permanent insurance during estate planning
Going beyond investments with clients remains a good way to add value, particularly in down markets
- By: Guillaume Poulin-Goyer
- October 19, 2022 October 19, 2022
- 15:15
Actuaries release tally of pandemic life insurance claims
Organization expects excess deaths and life insurance claims to be lower going forward
- By: Greg Meckbach
- October 14, 2022 October 14, 2022
- 16:33
Certain MGAs pay multiple life agents for a single sale, FSRA says
Draft Ontario MGA regulation coming in 2023 as a result of concerns found in FSRA's review
- By: Greg Meckbach
- September 28, 2022 October 12, 2022
- 17:22
Manulife bundles health monitoring into more coverage
The lifeco is expanding its Vitality program to universal life and par policies
- By: Greg Meckbach
- September 27, 2022 September 27, 2022
- 15:51
Insurers pay record amount of benefits in 2021
Also, annuity and seg fund premiums increased 21%
- By: Staff
- September 15, 2022 September 15, 2022
- 13:39
Insurance regulators start consultation on banning upfront commissions
The move follows a regulatory warning earlier this year to stop DSC sales of seg funds
- By: Staff
- September 8, 2022 September 13, 2022
- 15:44
Outlook for insurers poised to decline: Fitch
Inflation is less of a concern in the life insurance sector, report says
- By: James Langton
- September 7, 2022 September 7, 2022
- 09:45
‘Bank run-type scenario’ at lifecos highly unlikely: DBRS
Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
- By: Greg Meckbach
- March 21, 2023 March 21, 2023
- 15:43
Hundreds of Ontario insurance agents targeted for CE non-compliance
A FSRA review resulted in 445 letters of warning for failing to complete continuing education hours
- By: Staff
- March 9, 2023 March 9, 2023
- 13:38
Hub Financial acquires BridgeForce in Ontario
Protecting independence of advisors was “foremost” in the decision, BridgeForce co-presidents said
- By: Staff
- February 2, 2023 February 2, 2023
- 13:22
Manulife partners with Cleveland Clinic Canada
The collaboration aims to promote better health outcomes within group benefits
- By: Staff
- January 26, 2023 January 26, 2023
- 12:39
Manulife discontinues disability products for business owners
The insurer will stop accepting new business for four non-cancellable disability products as of Sept. 30
- By: Greg Meckbach
- August 25, 2022 January 16, 2023
- 16:45
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
- By: The Canadian Press
- October 4, 2021 October 4, 2021
- 13:45