The big three insurers in the Canadian market accounted for 74.2% of total insurance revenues in Canada in 2023.

The company reported a decline in net income from insurance business, both in the last quarter and for the full year.

Participating whole life offers competitive rates with universal life investment options.

An association’s decision to transfer its insurance business from one insurer to another boosted industry growth in 2023…

Insurers aim to protect both entrepreneurs, as well as young people on a tight budget.

Insurers say the reset option has weakened over the years.

A further increase in provisions for credit losses on impaired loans was necessary for the quarter ended July 31, 2024.