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Drawings and charts of successful business, workplace of the businessman

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
Executives are discussing the financial results of the Company for the marketing plan.

The data behind soaring seg fund sales

Positive industry trends, not regulatory arbitrage, supported sales last year

Couple getting financial advice from consultant at home

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


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
Grandfather reading the book next to grandson with tablet

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


Actuaries release tally of pandemic life insurance claims

Organization expects excess deaths and life insurance claims to be lower going forward

Entrance to the Financial Services Regulatory Authority of Ontario

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

Senior couple making nordic walking in the park

Manulife bundles health monitoring into more coverage

The lifeco is expanding its Vitality program to universal life and par policies

Growing Graph

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
Concept of crisis with unstable statistic bars

Outlook for insurers poised to decline: Fitch

Inflation is less of a concern in the life insurance sector, report says

Close up business man signing contract making a deal, classic business

Sagicor buys insurer Ivari for $325 million

Ivari, formerly Transamerica Life Canada, offers life insurance and critical illness products

Wheeling his way into recovery

Manulife discontinues disability products for business owners

The insurer will stop accepting new business for four non-cancellable disability products as of Sept. 30

Life insurers increase Assuris protection

Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails

Insurance regulators promise new guidance on upfront compensation structures

Advisor chargebacks need robust controls, CCIR and CISRO said

Advice-gap debate comes to insurance industry

Ahead of the proposed DSC ban for seg funds, a familiar refrain is in play

Publicly funded LTC insurance could address eldercare costs: NIA

A study of programs in other countries provides insights for Canada, the National Institute on Ageing says

  • By: Staff
  • May 5, 2023 May 5, 2023
  • 10:58

Considerations when selling insurance to the gig economy

One in 10 Canadians, many lacking employer-sponsored disability coverage, work in the gig economy

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