A.M. Best assigns ratings to 15 Canadian life insurers
Service replaces TRAC ratings
- By: IE Staff
- August 2, 2000 August 2, 2000
- 09:35
Service replaces TRAC ratings
Boiler rooms closing down
Capital markets stronger than expected
But increased trading volume should make up for reduced spreads
Increased insurance and annuity premiums boost performance
Receives $725 million in Confederation Life assests
Dresdner, ABN AMRO to notify customers
Says Hauchecorne failed to act as a "gatekeeper" for the market
First Canadian customer for Corillian
Strongest second-quarter showing for stock funds on record
Federal Reserve Board seeking comments by September 5
Development, marketing expeses contribute to $2.9 million loss
CIBC National Bank to manage accounts
Savings to help boost growth
Revamped rules for securities dealers follows two-year wait
WSJ's annual list of top analysts leaves Merrill on top once again
Bureaucratic chores can now be handled via the Internet
Huge mergers being shunned in favour of Internet, article says
New study says benefits will outweigh cost in long haul<br>
Alternative trading systems expected in Canada by next year
CIBC sees economy growing despite expected U.S. slowdown
Independence, pricetag main reasons for failed merger<br>
Alleges firm sold stock at excessive mark-ups
Increase reflects improved investment-product sales
Premiums and deposits rise 11%