Most popular articles of 2023 related to societal issues

As 2023 comes to a close, the Insurance Portal invites you to read or re-read our ten most popular articles on issues impacting society. 

• After 20 years with RBC Group, including the last 18 years as President and CEO of RBC Insurance, Neil Skelding retired on January 31, 2023. 

Neil Skelding stepped down on January 31. 

• Saddened to learn about the death of our contributor and colleague, Susan Yellin, The Insurance Journal Publishing Group, published a tribute written by Susan’s longtime friend, Rosemary McCracken.

Longtime Insurance Journal contributor dies 

• For the second quarter of fiscal 2023, which ran from February 1 to April 30, BMO Financial Group reported net income of $1.06 billion. 

BMO: Earnings plunge 78 per cent in second quarter 

• Equitable Life of Canada announced June 29 the launch of its new group benefits solution designed for small businesses – those with up to 25 employees. 

Equitable Life launches small business group benefits plans 

• The Toronto-Dominion Bank (TD) reported earnings of $1.6 billion in the first quarter of 2023. 

TD Bank’s earnings plunge 58 per cent in the first quarter 

• Insurer Beneva released its 2022 annual report. Its consolidated net income is $209.7 million, a 43 per cent decrease from $367.9 million in 2021. 

Beneva’s net income declines in 2022 

• Although a significant number of Canadians believe that $1-million is enough savings to retire on, IG Wealth Management says this figure is a myth 

$1-million not enough to retire on says wealth management firm - Insurance Portal (insurance-portal.ca) 

• A Reuters Events report looked at how industry experts view innovation as a crucial part of Canadian insurance companies' future products. 

Executives share views on industry modernization ahead of November conference 

• Standards setting organizations, FP Canada and the Institut québécois de planification financière (IQPF), jointly released 2023 Projections Assumption Guidelines for professional financial planners in Canada to use.

New planning projection guidelines published 

• For the quarter ended March 31, Desjardins Group recorded surplus earnings before member dividends of $342 million. 

Desjardins’ income falls 24 per cent in first quarter