The bank faced increased claims.
Some insurers have responded to an activist investor group's report about their involvement in fossil fuels.
Six of the seven major Canadian insurers analyzed held assets totaling $19.5 billion in the fossil fuel sector in 2023.
Major Indexes attract those seeking diversification.
Denis Ricard, president and CEO of iA Financial Group, spoke at recent summit for investors and analysts.
The bank reported its results for the second quarter on May 23.
Respondent outsourced complaint handling in 2017.