Insurance

Manulife sells Life Retrocession business

Manulife Financial has entered into an agreement to sell its Life Retrocession business to Pacific Life Insurance, subject to regulatory approvals. The deal is expected to close during the third quarter 2011. Manulife’s Life Retrocession business has approximately 90 employees in offices in Toronto, Boston, Barbados and Cologne. It assumes risk from life reinsurers and […]

By Staff |July 18, 2011

1 min read

Industry

Key person insurance an overlooked opportunity

Entrepreneurs are the lifeblood of the economy, creating businesses, jobs and economic activity from scratch through a combination of hard work and ingenuity. But too often the companies they start and the jobs they create are at risk of destruction, if the entrepreneur is not properly insured. Key person insurance represents both potential sales growth […]

By Al Emid |July 14, 2011

4 min read

Industry

New policy blends CI, DI, life

Manulife today announced its new Synergy insurance product, which combines life insurance, critical illness insurance and disability insurance in one package—with one application, one payment and one plan to manage. “For many of us, the combined risk of disability, illness or death before age 65 is significant and the financial impact can be devastating,” said […]

By Staff |June 23, 2011

2 min read

Life

Growing into your life insurance

Did you know that the consumer advice articles like "Tips on Saving Money on Your Life Insurance" are extremely short-sighted? All they really do is advocate "save money and only buy the amount of term life insurance you need."

By Helena Smeenk Pritchard |June 21, 2011

2 min read

Canadians exposed to cost of critical illnesses

Canadians appear more confident about their ability to physically survive a critical illness, than survive its impact on their net worth. According to Desjardins Financial Security Health Survey, close to two-thirds of Canadians are confident they would survive a critical illness, while 67% say it would render them financially vulnerable and they would likely need […]

4 min read

Canadian couples avoiding insurance talk

When it comes to communication skills, women are often considered innately advantaged. Except when the subject of discussion is life insurance. According to a TD Insurance poll, it’s men who are driving the conversation about insurance on the rare occasions that it is broached. Aptly titled Look Who’s Talking, the poll revealed discussing life insurance […]

2 min read

Life insurance in the age of DNA testing

Advisor.ca is proud to congratulate Yves Bonneau, Editor in Chief of our Quebec affialiate Conseiller.ca, on winning the Kenneth R. Wilson (KRW) Award for Best Editorial in 2010. The KRW Awards recognize the best in Canadian business press journalism. Here is his Gold Award winning editorial: Slowly but surely, genetic testing on humans is making […]

4 min read

IFRS could impact insurance business

New global accounting standards could spell the end of the insurance business in Canada as we know it. That was the warning from Paul Brown, president and CEO of Worldsource Insurance Network, at Advisor Group’s annual Distributors’ Summit, held May 31 to June 2 at the Fallsview Casino and Resort in Niagara Falls, Ontario.

3 min read

Insurance

Manulife sells Life Retrocession business

Key person insurance an overlooked opportunity

New policy blends CI, DI, life

Growing into your life insurance

Canadians exposed to cost of critical illnesses

Canadian couples avoiding insurance talk

Life insurance in the age of DNA testing

Will your dealer survive?

Insurance industry needs young blood

IFRS could impact insurance business