Insurance

Industry

Industrial Alliance reduces term rates, raises life rates

Blame low interest rates again.

By Staff |February 27, 2013

1 min read

Industry

Desjardins Group records surplus in 2012

For fiscal 2012, Desjardins Group recorded surplus earnings of approximately $1.6 million, similar to profits posted in 2011.

By Staff |February 22, 2013

2 min read

Industry

IBC pushes for competitive auto insurance

IBC pledges to work with officials to protect drivers from scams and reduce insurance rates.

By Staff |February 20, 2013

1 min read

Industry

Woman submitted benefits claims for fake child

A long-term Costco staffer took advantage of her company-sponsored health insurance plan.

By Staff |February 20, 2013

1 min read

Equitable Life reports record 2012 earnings

Despite low-interest rates and volatile equity markets, Equitable Life of Canada realized record earnings of $44.7 million, surpassing the previous high of $32.0 million in 2010. As a result, return on policyholders’ equity increased considerably to 13.5% in 2012. Read: Insurers pare product shelves Some of the factors that contributed to this strong performance include […]

By Staff |February 13, 2013

1 min read

Barclays allocates $1.6bn to pay penalties

Barclays has decided to create a $1.6 billion reserve to fund legal costs of scandals related to mis-selling financial products. The Financial Services Authority recently ordered Britain’s four big banks to review their sales of interest rate hedging products, forcing Barclays, one of the four, to double the money set aside for potential payouts, reports […]

By Staff |February 5, 2013

1 min read

Insurance

Industrial Alliance reduces term rates, raises life rates

Desjardins Group records surplus in 2012

IBC pushes for competitive auto insurance

Woman submitted benefits claims for fake child

Desjardins raises permanent insurance and CI rates

Equitable Life reports record 2012 earnings

Use of insurance-comparison websites rising

Barclays allocates $1.6bn to pay penalties

FSA launches annuity probe

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