Company anticipates an increase in claims due to catastrophic events in the next quarter.
Whole life grew most in terms of premiums.
The company intends to use AI to improve the speed and quality of insurance business processes.
Changes follow regulatory reviews which found evidence of unfair consumer treatment.
New report and recommendations to form the basis of a pan-Canadian strategy.
An unexpected shift after 26 quarters.
Canadian’s weekly earnings climb slightly after little change reported in April.