FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Sun Life and Brookfield sell buy-in annuity contracts to Stelco plan

By The IJ Staff | June 20, 2022, 10:52 a.m.

Deal valued at $1.331-billion reached in collaboration with Ontario regulator.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Investment

Sanctions for pre-signed forms levied against former Fredericton rep

Rep fined for selling personal cryptocurrency assets to clients

Firms, associations and reps weigh in on advisor compensation

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

Tips for increasing your firm’s value

Agent who defrauded retired couple banned from securities registration

Ontario regulator publishes guidance for comment

Related topics …

Flash

Tips for increasing your firm’s value

Ontario regulator publishes guidance for comment

Insurers pushing their limits in accelerated underwriting

Embracing artificial intelligence is crucial for industry

SUN LIFE FINANCIAL

A veteran of the Client Management Software industry returns

Commercial real estate adversely affects insurers’ 2023 financial results

Insurers coordinate to execute annuity buy-out deal for Ford of Canada

Sun Life earnings up 11 per cent in 2023

BROOKFIELD ANNUITY

BMO Insurance considers higher profile going forward

Total global assets under management decline in 2022

Life insurance: Financial results of 25 insurers in Canada in 2022

The General Motors longevity risk deal was one year in the making

LIFEWORKS (MORNEAU SHEPELL)

Mental health worse now than at the start of the COVID-19 pandemic

One in four workers fears they can't retire

Canadians cutting back on care due to inflation

Employees' trust in their employers is eroding

FINANCIAL SERVICES REGULATORY AUTHORITY OF ONTARIO (FSRA)

Agency fined $20,000 for repeatedly allowing unlicensed activity

Ontario regulator publishes credentialling body exam results

Misleading insurance council results in small fine

Regulator unveils supervision plan for property insurance managing general agencies

FINANCIAL SERVICES COMMISSION OF ONTARIO (FSCO)

Regulator names unlicensed agent in warning to the public

Former broker fined $30,000 for fraudulent activity

Unlicensed activity, false statements lead to $30,000 penalty

Insurance industry is making changes to protect vulnerable clients

Investment

Pension funding rises in March

Insurers express increased appetite for private market investments

iA Financial acquires Laurentian Bank’s full-service brokerage division

Pension risk transfer market volumes in 2023 match record

Strategy

New tool available to help municipalities mitigate flood risk

BrokerLink closes three transactions

It was appropriate to move forward the purchase of ICPEI, says Valérie Lavoie

Insurers likely to benefit from adding obesity drugs to benefits coverage

Mergers and acquisitions

Navacord announces its third acquisition of 2024

Desjardins to fully own ICPEI

Navacord acquires brokerage in Southwestern Ontario

People Corporation acquires Nexim Canada

Economy

Challenging environment expected to continue for fintechs

Global survey finds majority of insurers will change technology platforms by 2025

Digitalization and personalization: The Canadian insurance industry at a crossroads

New rules proposed for funds holding crypto assets