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News
Canadians are insured, but not enough, research shows
1+ week, 5+ day ago (447+ words) Two in three Canadians, or 68%, now report having at least one type of life insurance, up from 58% in 2025, according to the second Life Insurance Gap Report from PolicyMe, conducted with Angus Reid. Despite that jump, nearly one in four Canadians…...
Group conversions carry hidden mortality risk, Canadian Institute of Actuaries finds
1+ week, 6+ day ago (217+ words) The Canadian Institute of Actuaries (CIA) has released the country's first mortality table built specifically for people converting group life coverage into individual policies, giving insurers hard data on a risk segment long priced by guesswork. GC2020, authored by past CIA…...
Sun Life and Wilton Re to form reinsurance and asset management partnership
2+ week, 5+ day ago (183+ words) A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, Wednesday, Sept. 4, 2024. THE CANADIAN PRESS/Justin…...
Sun Life strikes strategic reinsurance deal that benefits SLC Management
2+ week, 5+ day ago (56+ words) Pensions & Investments Sun Life strikes strategic reinsurance deal that benefits SLC Management Active domestic equities accounted for a large portion of fund changes by 401(k) plans in 2025 according to 11-K filings, and consultants say it is the result of ongoing challenges…...