Draft Ontario MGA regulation coming in 2023 as a result of concerns found in FSRA's review
The lifeco is expanding its Vitality program to universal life and par policies
Also, annuity and seg fund premiums increased 21%
Canadian lifecos ‘well positioned’ to manage credit impairments: A.M. Best
Ivari, formerly Transamerica Life Canada, offers life insurance and critical illness products
Changes to the life insurance capital adequacy test, released in July, take effect in 2023
However, the bank and insurer surtax remains at 1.5% for profits over $100M
From a new role to a retirement, several industry veterans are making changes
Lower mutual, segregated fund sales dampen Canadian results
“Companies are going to have to and want to change with the times,” says financial advisor