Manulife reinsures $5.8 billion of reserves for block of universal life business

The insurer calls the transaction the largest of its kind in Canada.

LIFE INSURANCE | March 27 2024 10:50AM
Several new developments in permanent life insurance

Insurers emphasize lifetime security and performance.

LIFE INSURANCE | January 15 2024 10:45AM
Universal life insurance grows faster than whole life

Individual life insurance premiums climbed 25 percent in 2021.

LIFE INSURANCE | May 04 2022 10:29AM
Equitable Bank expands insurance lending program

The arrangement allows qualifying Equitable Life policy owners to access funds through the bank's program, which include…

LIFE INSURANCE | March 23 2022 09:09AM
Equitable Bank expands whole life lending program

Equitable Bank is expanding its insurance lending solutions portfolio with the introduction of its new Immediate Financi…

LIFE INSURANCE | February 03 2022 10:34AM
Individual life insurance has strong third quarter

Whole life sales continue to stoke growth in the Canadian individual life insurance market.

LIFE INSURANCE | January 17 2022 10:50AM
Canadian life insurance application activity flat year-to-date

However, month-over-month – from October to November 2021 – life insurance application activity increased by 12.9%, acco…

LIFE INSURANCE | December 17 2021 03:24PM