FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

Canada Life exits residential mortgage market

By Alain Thériault | Dec. 8, 2023, 10:49 a.m.

After announcing its withdrawal earlier this year, the insurer has now chosen a partner to take over its mortgage clients.

This article is reserved to PRO Level subscribers

Discover the PRO Level

The most popular in Investment

Canadians open to artificial intelligence advice – even when unsound

A look at private real assets for institutional and retail investors

Investment in cyber resilience on a downward trend

Make your business shine with Visibility360!

Get a PDF version to share in your networks.

I'm interested

Headlines

The Pharmacare Act comes into force

Increasing diversity in Canada requires a growing awareness among advisors

Life expectancy has increased in Quebec since 2000

Related topics …

Flash

The Pharmacare Act comes into force

Life expectancy has increased in Quebec since 2000

The impact of natural disasters will continue to put pressure on insurers

Sanctioned Canadians now allowed to discharge some penalties through bankruptcy

POWER CORPORATION

IG Wealth Management aims to make its mark in life and health insurance

Great-West Lifeco sells Putnam to Franklin Templeton

Great-West Lifeco CEO addresses insurance conference

Most wealthy Canadian investors should be more diversified, says Paul Desmarais III

GREAT-WEST LIFECO

Critical illness insurance: cancer and heart attack dominate claims

Groupe Cloutier brings in insurer as a minority shareholder

Economic uncertainty fails to dampen Canadian life insurers' performance

Great-West Life’s net earnings rise by 77%

BMO

BMO Wealth Management sees 9 per cent decline in third quarter profits

Investors flock to equity exchange-traded funds

BMO increases wealth management earnings by 33% in second quarter

Pension plans ramp up risk reduction transactions

CANADA LIFE

Disability insurance: 17 products examined by InsuranceINTEL

Canadians struggling with burnout are less likely to view their employers favourably

Novo Nordisk's new anti-obesity drug spurs high demand

Age makes all the difference for 20-year term insurance

IGM FINANCIAL

IGM Financial’s net earnings rise in Q4

Wealthsimple raises $114 million

MacKenzie and Great-West Life to buy interest in Northleaf Capital

Canada Life, IGM and Power Corp. support COVID-19 relief efforts

Distribution

Increasing diversity in Canada requires a growing awareness among advisors

Gig workers largely underinsured

Life insurance application activity rises in Canada

Dental office jobs have rebounded since pandemic

Special risks

Overuse of oral corticosteroids found in patients with severe asthma

Industry association warns of insurability crisis

Learning, developmental and memory disabilities on the rise among Canadians

Psychiatric conditions and metabolic syndromes linked

Mergers and acquisitions

Hub International continues on acquisition path

Business and technology consolidation creating opportunities for cyber criminals

Desjardins reports 152% surge in insurance surplus earnings for the second quarter

iA Financial Group reports 5% increase in net income for second quarter of 2024

Analytic

Health education needed to change behaviours

Population at risk of flooding increases faster than total population gains

Set high and clear expectations with clients

Alberta rate cap could have could have negative consequences for good drivers

Fintech

Canadian fintech investors close purse strings due to recession fears

Aon publishes cyber resilience report

Report analyzes the cost of data breaches

Equisoft secures $125 million in financing