An American private equity firm takes the lead.
Desjardins made the announcement public on Feb. 23, 2024.
Majority of private defined benefit pension plans in Canada remain unsecured by annuities.
With this deal, the insurer has entered a new line of business.
The company published its quarterly and annual results Feb. 7.
It responds to queries in almost natural language, thanks to generative artificial intelligence.
Hub International has bought a brokerage in the Greater Toronto Area.