Big Four Canadian life insurers report near-record profits for 2022, DBRS says
There were shifts in Canada and the U.S. at a couple major firms
Wealth leader Stephan Bourbonnais wants the iA businesses to lead the way in the new self-regulatory regime
Top-level shifts were announced at several major firms, including National Bank Financial, iA Financial Group and RBC Insurance
The head of iA Private Wealth takes over from Sean O’Brien
Rising interest rates should boost life insurers’ portfolios in the longer term
Changes include executive shifts at iA Financial Group related to wealth division
Investment advisors registered with the new firm will be licensed in both Canada and the U.S.
Recent launches include Canadian segregated versions of two Wellington funds and a multi-strategy alternative fund
Across multiple industry segments, shifts have occurred