DBRS said TD's First Horizon deal is still on strategy
Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
However, worst-case scenario would only wipe out pandemic gains, report says
Big Four Canadian life insurers report near-record profits for 2022, DBRS says
Less diversified, riskier loan portfolios leave banks more vulnerable to downturn
Investors can expect fewer tech launches and greater growth in covered call funds
Rising interest rates should boost life insurers’ portfolios in the longer term
Provincial regulation increasingly tracks federal rules, but gaps remain
Lagging effects of higher rates to impact banks' bottom lines this year
Keeping buffers amid rising risks reflects prudence