Foresters Financial announces dividend

The Board of Directors for The Independent Order of Foresters has approved a dividend for eligible participating Canadia…

INVESTMENT | June 15 2020 11:30AM
COVID-19 put the kibosh on a major insurance industry transaction

The buyer tried to renegotiate the transaction amount due to the pandemic, to no avail.

ENTREPRENEURSHIP | May 22 2020 01:38PM
Global insurers perform well in AM Best stress tests, Canadian lifecos struggle

Globally, the insurance industry is well capitalized with most rated insurers covered by the A.M. Best performing well i…

LIFE INSURANCE | May 20 2020 01:30PM
Reinsurers affected by changes to IFRS 17

Reinsurers’ financial data reporting will be affected by changes to IFRS 17, A.M. Best warns.

P&C | May 05 2020 02:30PM
Negative outlook for Canada’s life insurance industry

Ratings agency AM Best has revised its market segment outlook on Canada’s life insurance industry to negative, due to th…

LIFE INSURANCE | April 02 2020 03:38PM
Negative outlook for U.S. life insurance and annuity market

AM Best’s outlook for the U.S. life/annuity market segment has been revised to negative from stable, due to financial ma…

LIFE INSURANCE | March 18 2020 03:24PM
AM Best to implement pandemic-related stress testing

Ratings agency AM Best has announced that it is planning to deploy pandemic-related stress testing for its rated insuran…

P&C | March 18 2020 11:01AM