Manulife reaches reinsurance deal worth $5.4 billion to free up capital
The insurer is off-loading lower-return assets
- By: The Canadian Press
- November 21, 2024 November 21, 2024
- 10:43
The insurer is off-loading lower-return assets
Updated tax forms to be available Jan. 31, CRA says
The acquisition also marks the launch of Canaccord’s Ottawa office
Net assets rose to $675.1 billion in the quarter
The Canadian Chamber of Commerce said a tariff could rip $30 billion out of the national economy
Look for companies with improved balance sheets
CRA has identified more than 2,500 groups that belong to the GHW population
A full-time chair will be appointed in December, followed by a new board
The firm’s global wealth management business earned $216.5 million
The employee worked in the bank's anti-money laundering department
Province cited rising management fees, poor performance in its decision
Rate cut follows larger half-point reduction in September
Latest cut comes after inflation fell to an annual rate of 1.7% — U.K.'s lowest level since April 2021
Insurer posted record base earnings topping $1 billion
Insurer’s Canadian core earnings up 4%
No one can predict what markets will do over the next four years, but there are items to watch
Bitcoin climbed above $75,000 and smashing its previous record set in March
Insurer had $1.3 billion in gross seg fund sales
The insurer had $1.51 trillion in AUM on Sept. 30
Future of education and exam program was one of the biggest questions following split last year
Increase to second earnings ceiling represents last step in CPP expansion plan
Robert Ouellette has held executive positions in financial services, engineering, professional services, tech
Also, Blue Cross Life partners with PolicyMe for online insurance applications
CCMA declares project a success, but not a blueprint for T+0
The cuts come just a year after the insurer cut 250 positions in its investment management division