Great-West Lifeco completes sale of U.S. individual business

Great-West Lifeco has announced that its Colorado-based subsidiary, Great-West Life & Annuity Insurance Company, has com…

LIFE INSURANCE | June 05 2019 09:30AM
RGA completes transaction with Manulife to reinsure longevity risk of 45,000 annuitants

RGA Canada has announced the completion of a transaction with Manulife to reinsure the longevity risk from an in-force b…

HEALTH | February 15 2019 01:30PM
Air Canada wants to create an insurance company to shore up its pension plan risks

The longevity insurance market is taking flight. Air Canada plans to form its own life insurance company and buy annuiti…

HEALTH | August 30 2018 09:45AM
Pensions and private annuities affected by the longevity gap between the rich and the poor

Pensions, healthcare and other age-dependent expenditures are all being affected by a longevity gap between rich and poo…

HEALTH | August 24 2018 09:45AM
Fixed-indexed annuity sales rise dramatically in second quarter

Sales of fixed-indexed annuities (FIA) have shattered sales records in the United States, jumping 21% higher than first-…

HEALTH | August 22 2018 11:30AM
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Manulife ends external sales of individual annuities

Manulife will end external sales of individual annuities as of June 29. This decision comes after a review of the insure…

HEALTH | June 20 2018 01:30PM
Canadians lack awareness about annuities

A majority of Canadians are worried about outliving their retirement savings, however only one in 10 say they are using …

LIFE INSURANCE | January 23 2018 09:45AM