“Nationally, the total amount of life insurance coverage has increased, but much of that coverage was locked in years ago" ...

A recent LIMRA study found 57% of Canadian adults say they have life insurance coverage. Although this is three points higher than the results from a similar study conducted by LIMRA in 2019, 30% of ...

Canadian life insurance new annualized premium increased 4% in 2023 to $1.86 billion in 2023, according to LIMRA's Canadian Individual Life Insurance Sales Survey. This is the highest sales ever ...

TORONTO--(BUSINESS WIRE)--Oneday, a leading third-party administrator in the Canadian life insurance industry, today announced the full-scale launch of its proprietary technology platform, Oneday Pro, ...

The Wawanesa Mutual Insurance Company has entered into an agreement to acquire Everest Insurance Company of Canada, the Canadian retail insurance operations of Everest Group Ltd., in a move that ...

TORONTO (Reuters) - The profits of Canadian life insurers grew in the fourth quarter, as higher returns from growing wealth management units offset uneven insurance sales, highlighting a shift in ...

TORONTO (Reuters) - After a volatile year, Canada's big life insurance companies are expected to report higher fourth-quarter profits this week, boosted by stock market gains and a brighter economic ...