Total premiums collected by insurers also rose in 2022, according to the CLHIA
Also, annuity and seg fund premiums increased 21%
A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA
Insurers welcome the dismissal
Group rebuts false claims on social media that vaccination will harm insurance coverage
The association’s pre-budget submission also asks the government to consider 20-year bonds
Group warns that vulnerable seniors would be at risk if private member's bill passes
CLHIA sees shortage of sustainable investment options
Global warming and extreme weather events are key industry concerns
Budget proposal linked to legal dispute between hedge fund investor and Canadian insurers