Some insurers fared better than others at the start of the pandemic in terms of sales.
TD advances in insurance despite higher claims.
RBC’s insurance income rose for the third consecutive quarter, propelled by exploding insurance revenue in Canada.
BMO has tripled its net insurance income. The financial group says the growth is “primarily due to higher revenue” in th
iA Financial Group’s vigorous financial results cemented its financial solvency rating and growth outlooks.
Despite stock market volatility, Sun Life continues “to deliver strong results, benefitting revenue,” DBRS says.
DBRS Morningstar says Alternative Investments exposure eroded Manulife’s income.