Companies with large exposure to equity markets will face challenges
Two life settlement companies are in court, as creditors and other problems pile up
The credit crisis that has pummelled banks has had a lesser impact on lifecos, ensuring strong growth in the eventual recovery
ScotiaLife Financial brand unveiled
Deductible interest loans using insurance policies as security require careful structuring
A report from the CCIR says the forms cause confusion and misunderstanding on the part of consumers
OSFI survey finds areas of weakness
In an ironic twist for insurance companies globally, the very product upon which they were building their futures is tying up their capital and potentially hampering growth. Segregated funds, including those with payout options (called variable annuities in the U.S. and Britain and guaranteed minimum withdrawal benefit products in Canada), are hampering insurers everywhere, including […]
Revised document incorporates suggestions following from March 2008 discussion paper
Amendments codify some of the existing practices in the industry