Pension plans purchase a record number of annuities

The market for group annuities, designed to secure retirement benefits for collective pension plans, reached nearly $8-b…

LIFE INSURANCE | July 13 2023 10:59AM
Canadian employers planning highest pay hikes in two decades

A study by Eckler finds that employers are trying to balance the impact of rising inflation and a tight labour market ag…

SOCIETY | September 27 2022 10:41AM
Pension risk transfers surge in Canada

A record year in 2021 contrasts sharply with the decline in 2020 and confirms insurers’ risk-taking capacity.

INVESTMENT | July 19 2022 10:59AM
If a major insurer fails, the compensation fund will fall short

According to the PACICC’s quarterly solvency bulletin, the compensation fund cannot cover the risk arising from the fail…

P&C | July 18 2022 09:39AM
Club Vita consolidates operations to meet global longevity demand

The provider of longevity analytics for pension plan risk management cut ties with founders.

INVESTMENT | March 09 2022 10:35AM
The General Motors longevity risk deal was one year in the making

Two of the key players took Insurance Portal behind the scenes of the deal, which was announced earlier this month.

LIFE INSURANCE | April 29 2021 01:07PM
Sun Life announces $176 million pension de-risking deal

Sun Life has announced a $176 million annuity buy-in, which the insurer says was the largest Canadian de-risking transac…

LIFE INSURANCE | December 08 2020 02:30PM