Insurance

BMO Insurance launches whole life plan

BMO Insurance has launched the BMO Insurance Whole Life Plan, which is a non-participating plan that offers an increasing death benefit with guaranteed cash values and guaranteed level premiums payable for 10 or 20 years or to age 100, after which time the policy becomes fully paid. Plan features Here are the plan’s key features. […]

By Staff |May 29, 2017

1 min read

Industry

Manulife CEO retiring in the fall

Manulife president and CEO Donald Guloien has decided to retire as of September 30

By Staff |May 26, 2017

1 min read

Economic Indicators

Is housing exposure a risk for portfolios?

While housing risks should be considered, the financial sector is very strong.

May 25, 2017

2 min read

Industry

GWL to acquire Financial Horizons Group

Financial Horizons Group, an Ontario-based independent managing general agent (MGA), will soon be owned by Great-West Life.

By Staff |May 19, 2017

1 min read

Desjardins AUM, AUA reach $100B

Desjardins Group’s life insurance, heath insurance and retirement savings unit reported a surge in profits in Q1 as assets under management and administration reached a record $100 billion. For the three-month period ending March 31, Desjardins Financial Security reported net income of $133.3 million, up 34.5% from $99.1 million in the same period a year […]

By Staff |May 18, 2017

1 min read

After job cuts, insurers detail new advisory network

Following the news that Great-West Lifeco will cut about 1,500 positions over the next two years, the insurer has announced a series of staffing changes. Back in November 2016, Great-West Life, along with London Life and Canada Life, aligned their Canadian operations into two business units: one for individual customers and the other for group […]

By Staff |May 8, 2017

2 min read

Great-West Lifeco’s AUM climbs to $675B

Great-West Lifeco Inc.’s net earnings fell slightly from the previous year as its assets under management grew to more than $675 billion. The company’s profits for the quarter ended March 31 were $591 million, down from $620 million in the same quarter a year earlier. Great-West said in its quarterly earnings on Thursday it had […]

By Staff |May 4, 2017

2 min read

Insurance

BMO Insurance launches whole life plan

Manulife CEO retiring in the fall

Is housing exposure a risk for portfolios?

GWL to acquire Financial Horizons Group

Desjardins AUM, AUA reach $100B

After job cuts, insurers detail new advisory network

Great-West Lifeco’s AUM climbs to $675B

Great-West Lifeco to cut 1,500 jobs over 2 years

Leveraging life insurance policies

Advise clients on insurance in unstable countries