The regulator alleged a firm's training instructs life agents to mislead consumers, which the firm refutes
Shifts occurred across all industry segments
Draft Ontario MGA regulation coming in 2023 as a result of concerns found in FSRA's review
The lifeco is expanding its Vitality program to universal life and par policies
Also, annuity and seg fund premiums increased 21%
Ivari, formerly Transamerica Life Canada, offers life insurance and critical illness products
Changes to the life insurance capital adequacy test, released in July, take effect in 2023
Participating insurance sales helped drive 32% premium increase in Canada
Wealth sales in Canada dropped 10% from a year ago
Lower mutual, segregated fund sales dampen Canadian results