Canadian Life and Health Insurance Association – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 30 Oct 2024 21:28:26 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Canadian Life and Health Insurance Association – Investment Executive https://www.investmentexecutive.com 32 32 Ontario promises MGA licensing https://www.investmentexecutive.com/news/from-the-regulators/ontario-promises-mga-licensing/ Wed, 30 Oct 2024 21:28:26 +0000 https://www.investmentexecutive.com/?p=495771 OSC asked to review OM exemption, beneficial ownership registry being examined

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]]> SCC denies appeal of life policy ruling https://www.investmentexecutive.com/news/from-the-regulators/scc-denies-appeal-of-life-policy-ruling/ Fri, 12 Jul 2024 18:31:47 +0000 https://www.investmentexecutive.com/?p=489280 Lower court ruled widow entitled to cancel policy switch, collect $1.3M payout

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]]> Insurers continued paying record benefits in year three of pandemic https://www.investmentexecutive.com/news/industry-news/insurers-continued-paying-record-benefits-in-year-three-of-pandemic/ Tue, 26 Sep 2023 15:41:55 +0000 https://www.investmentexecutive.com/?p=472204 Total premiums collected by insurers also rose in 2022, according to the CLHIA

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]]> Insurers pay record amount of benefits in 2021 https://www.investmentexecutive.com/news/industry-news/insurers-pay-record-amount-of-benefits-in-2021/ Thu, 15 Sep 2022 17:42:12 +0000 https://www.investmentexecutive.com/?p=451536 Also, annuity and seg fund premiums increased 21%

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]]> Life insurers ‘surprised and disappointed’ with Budget 2022 provision https://www.investmentexecutive.com/news/industry-news/life-insurers-surprised-and-disappointed-with-budget-2022-provision/ Mon, 11 Apr 2022 20:41:48 +0000 https://www.investmentexecutive.com/?p=442534 A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA

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]]> Supreme Court won’t allow appeals from funds seeking to use life insurance for unlimited deposits https://www.investmentexecutive.com/news/industry-news/supreme-court-wont-allow-appeals-from-funds-seeking-to-use-life-insurance-for-unlimited-deposits/ Thu, 04 Nov 2021 21:00:34 +0000 https://www.investmentexecutive.com/?p=433078 Insurers welcome the dismissal

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]]> CLHIA shoots down Covid-19 vaccine rumours https://www.investmentexecutive.com/news/industry-news/clhia-shoots-down-covid-19-vaccine-rumours/ Mon, 08 Mar 2021 16:07:33 +0000 https://www.investmentexecutive.com/?p=417479 Group rebuts false claims on social media that vaccination will harm insurance coverage

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]]> CLHIA calls on feds to allow annuities in TFSAs https://www.investmentexecutive.com/news/industry-news/clhia-calls-on-feds-to-allow-annuities-in-tfsas/ Tue, 23 Feb 2021 17:27:23 +0000 https://www.investmentexecutive.com/?p=416650 The association’s pre-budget submission also asks the government to consider 20-year bonds

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]]> Say no to life settlements, CLHIA advises Ontario https://www.investmentexecutive.com/news/industry-news/say-no-to-life-settlements-clhia-advises-ontario/ Thu, 11 Feb 2021 21:53:35 +0000 https://www.investmentexecutive.com/?p=415900 Group warns that vulnerable seniors would be at risk if private member's bill passes

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]]> Insurers stand ready to finance low-carbon transition https://www.investmentexecutive.com/news/industry-news/insurers-stand-ready-to-finance-low-carbon-transition/ Tue, 19 Jan 2021 17:16:01 +0000 https://www.investmentexecutive.com/?p=414321 CLHIA sees shortage of sustainable investment options

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