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Promutuel invests in a venture capital fund

By Alain Thériault | March 25, 2022, 9:37 a.m.

Photo: rawpixel.com

Promutuel Insurance is investing in Portage Ventures’ third venture capital fund.

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Headlines

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Healthcare in Canada expected to cost $370 billion in 2024

Reinsurer calls on industry to support psychological resilience research

Leverage catastrophe awareness to educate homeowners about earthquake risk

Commercial truck driving: improved safety, performance and professionalism needed

BENEVA

Cash value and interest rates bolster permanent life insurance

Critical illness insurance: One client shifts the market

Critical illness insurance: cancer and heart attack dominate claims

Groupe Cloutier brings in insurer as a minority shareholder

DIALOGUE

Mental health on the decline among Canadians

Focus on employee’s financial well-being non-negotiable

Employee health and wellness metrics decline

Mergers and acquisitions: key transactions of 2023

SUN LIFE FINANCIAL

Sun Life increases earnings by 55% in the third quarter of 2024

Critical illness insurance: flexibility is key to sales success

Estate expenses: numerous disparities across Canada

Segregated funds: the capital reset guarantee has lost its allure

CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC (CDPQ)

Sustainability claims can backfire with consumers

Intact, Tryg A/S complete acquisition of RSA Insurance

Constellation Insurance Holdings to acquire Ohio National

Pension plan investment managers call for consistent ESG information

WEALTHSIMPLE

Fine and one-year ban issued for sending client information to a third party

Would-be representative sanctioned for disclosing client information to defunct firm

Defunct Wealthsimple Advisor fined

Mackenzie and Wealthsimple introduce Shariah-compliant ETF

MANULIFE

Disability: Culture shift needed in labour market

Manulife announces $5.4-billion reinsurance transaction

Roy Gori steps down as President and Chief Executive Officer of Manulife

Manulife third-quarter earnings up 82%

Investment

Pension regulators publish new guidelines for capital accumulation plans

Ontario consults on future variable payment life annuity framework

Safe harbour policy needed for advisors dealing with vulnerable clients

Hub expands agribusiness with new acquisition

Strategy

Canadian finance and insurance industries growing

Canadian regulators weigh in on generative artificial intelligence use

Paid virtual care under threat of being shut down by feds

Intact acquires a residential work application

Insurtech

Global healthcare reinsurance premiums continue to rise

Average insurtech deal doubles in size

Private equity eyeing the insurance sector

Ontario Securities Commission publishes artificial intelligence report

International

Great-West Lifeco’s third-quarter net earnings decline

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Global disability market worth trillions

Exceptionally heavy rains in Central Europe cause flooding

Wealth management

Most Canadians fear recession in 2025

Annuities remain popular despite falling interest rates

Net worth highest among those with pensions and principal residences

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Financing

Female entrepreneurial clients face barriers when accessing financing

Support systems for extreme weather emergencies called unfair and outdated

Growth in employer medical costs expected to slow in 2024

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