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
Top Stories in Insurance
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 August 25, 2022
- 16:45
Industry ‘will see how things shake down’ with new lifeco solvency metric
Changes to the life insurance capital adequacy test, released in July, take effect in 2023
- By: Greg Meckbach
- August 16, 2022 August 16, 2022
- 14:54
Insurance industry slow to act on Gender X
“Companies are going to have to and want to change with the times,” says financial advisor
- By: Susan Goldberg
- June 1, 2022 June 2, 2022
- 16:30
Slumping markets hit iA profit despite strong sales
The firm reported net income attributable to common shareholders of $151 million in Q1, down 13%
- By: Staff
- May 12, 2022 May 12, 2022
- 14:34
Life insurers ‘surprised and disappointed’ with Budget 2022 provision
A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA
- By: Greg Meckbach
- April 11, 2022 April 11, 2022
- 16:43
FSRA calls out life agents not following these two practices
In examining dozens of agents, Ontario’s regulator identified 334 “business practice” issues
- By: Greg Meckbach
- April 4, 2022 April 4, 2022
- 15:50
Manulife CEO comp reaches nearly $17M in 2021
CEOs of the three biggest lifecos all exceeded their performance targets last year
- By: Greg Meckbach
- March 30, 2022 March 30, 2022
- 15:09
Life agents fare poorly in FSRA compliance review
Ontario's regulator is expanding oversight reviews after a pilot effort found widespread shortcomings
- By: James Langton
- March 29, 2022 March 29, 2022
- 12:45
Insurance regulators release guidance targeting unfair incentives
The regulators concluded that some incentive practices may present risks to the fair treatment of customers
- By: Staff
- November 30, 2022 November 30, 2022
- 15:52
Cross-selling opportunities prompt P&C brokerages to buy advisors
Actual assets under management of advisor aren’t always worth purchasing on their own
- By: Philip Porado
- November 25, 2022 November 25, 2022
- 14:53
FSRA proposes DSC ban for seg funds
Proposal would eliminate regulatory arbitrage between seg funds and mutual funds
- By: James Langton
- November 25, 2022 November 25, 2022
- 11:17
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
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
Canada’s warming may hurt access to insurance: DBRS
Increasingly severe weather may lead to pullback in coverage as losses rise
- By: James Langton
- September 23, 2021 September 23, 2021
- 15:34