Revision of a Canadian Institute of Actuaries method explains this drop.

The Ontario-based managing general agency says it now has more advisors in the United States than in Canada.

The company attributes this result, in part, to its expanded range of segregated funds.

The company published its annual results on Feb. 27, including those of its Canadian subsidiary.

Seasonal update released on Feb. 27.

When combined, surplus earnings from property and casualty insurance, wealth management and life and health insurance de…

However, catastrophe claims still weighed on the company's results.