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
Top Stories in Insurance
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
Sagicor buys insurer Ivari for $325 million
Ivari, formerly Transamerica Life Canada, offers life insurance and critical illness products
- By: Rudy Mezzetta
- August 26, 2022 August 26, 2022
- 12:59
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
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
- By: Greg Meckbach
- May 29, 2023 May 29, 2023
- 15:11
Insurance regulators promise new guidance on upfront compensation structures
Advisor chargebacks need robust controls, CCIR and CISRO said
- By: James Langton
- May 15, 2023 May 15, 2023
- 15:24
Advice-gap debate comes to insurance industry
Ahead of the proposed DSC ban for seg funds, a familiar refrain is in play
- By: Michelle Schriver
- May 12, 2023 May 12, 2023
- 15:53
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
- By: Greg Meckbach
- April 26, 2023 April 26, 2023
- 15:11
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