But with growing regulation comes higher costs for companies — and small firms, in particular, are likely to struggle with these increasing expenses
The credit-rating agency cites the interest rate environment and the political climate as key reasons for changing its outlook to negative
Insurance and financial services professionals will be able to collaborate with IT experts and investors at Cookhouse Lab on developing customer-focused insurance technology
The creation of an FSRA in Ontario and the rapid pace of regulatory change occurring on the investment side of the business has big implications for the life insurance industry
Rating agency predicts stable and predictable earnings growth for the industry in 2017
Some lifecos are focused on enhancing their WL and term products
The three lifecos have now centred their business in Canada around two business units: one focused on individual clients and another on group clients
Although 90% of advisors feel they have an obligation to their clients to create a succession plan, only 19% of advisors have a succession plan in place
Insurers may need to tweak the consent process to protect clients
HuGO, the new program, is web-based, paperless, and does not require a client signature, while policies under the program can be bought only through licensed insurance advisors