LIMRA reports that annuity and fund sales mirror the financial markets in first quarter 2021.
The total transaction value is C$4.45 billion.
Irish Life, Lifeco’s subsidiary, will add scale to its retail division through its acquisition of Ark Life.
Corporate pension plans are getting stronger, two consulting actuarial firms report.
[SPECIAL REPORT] Yet one market declined.
Manulife saw an overall downturn of its net income attributed to shareholders, including a loss in Canada.
Two of the key players took Insurance Portal behind the scenes of the deal, which was announced earlier this month.