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Annuities boosted by interest rates

By Alain Thériault | Dec. 12, 2023, 10:59 a.m.

Photo: Freepik | shurkin_son

Annuities in 2023 are more generous for retirees than they were in 2022.

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CANNEX

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CANADIAN LIFE AND HEALTH INSURANCE ASSOCIATION (CLHIA)

Variable payment life annuities get new champion

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Individual insurance in 2024: clients demand quicker responses

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EMPIRE LIFE

Direct simplified issue offerings benefit advisors eventually

A veteran of the Client Management Software industry returns

One-third of Canadians have little or no life insurance

Empire Life posts net income of $156 million for 2023

SUN LIFE FINANCIAL

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

BMO Insurance considers higher profile going forward

CANADA LIFE

Great-West's earnings down by 24 per cent in 2023

Overhead expense insurance to prevent business disruption

Buy-sell insurance: A safeguard in tough times

Leadership change for Canada Life's Canadian operations: Jeff Macoun to retire

DESJARDINS

Quebec flood zone map raises concerns even before its release

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

Desjardins to fully own ICPEI

Global penalty and disgorgement ordered in discretionary trading case

BMO

Insurers pushing their limits in accelerated underwriting

Firm fined $1.5 million for failing to supervise trading activity

First-quarter earnings up 51 per cent for BMO Wealth Management

Several new developments in permanent life insurance

RBC

Your client’s concerns in 2024

RBC Wealth Management's first-quarter earnings down 27 per cent

Consumer sentiment scores show significant improvement

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EQUITABLE

Segregated funds and annuities: Two products for life

In-force business: Data providers still missing

Equitable Life launches First Home Savings Account

Equitable Life launches small business group benefits plans

Retirement

Agent who defrauded retired couple banned from securities registration

Pension funding rises in March

BrokerLink closes three transactions

Pension risk transfer market volumes in 2023 match record

Analytic

Casualty rates excluding auto liability decline at the start of 2024

Income inequality gap widens in 2023

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Race to insure electric vehicles could change the industry

Wealth management

Defined benefit pension funding increases in the first quarter of 2024

Registered retirement savings plan contributions resume downward trend

Younger households turning away from the housing market

Target-benefit plans require clearer regulation

Magazine supplement

Insurers boosted by simplified issue insurance sales

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Executive

Aviva Canada increases earnings by 13 per cent in 2023

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Northbridge's written premium volume rises by 6 per cent in 2023

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