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News
Canadian life application activity sets multiple records in 2026
4+ hour, 36+ min ago (397+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. In June 2026, all life insurance product types saw double-digit year-over-year growth in application activity according to the latest reading of the MIB Life Index, from…...
Life insurance: Financial results of insurers operating in Canada in 2025
1+ week, 20+ hour ago (182+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. In its July 2026 issue, the Insurance Journal compared the financial performance of life insurers operating in Canada for the year 2025. The magazine featured the 10 most…...
Whole life policy sales continue to gain momentum
1+ mon, 2+ day ago (690+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. Whole life insurance recorded the strongest growth in sales by number of policies sold, as revealed by Insurance Portal on June 4th, 2026, based on data compiled…...
Agent suspended: Insurance regulator mirrors securities penalty - Insurance Portal
1+ mon, 3+ day ago (235+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. An insurance agent in British Columbia who was also a mutual fund dealer governed by the Canadian Investment Regulatory Organization (CIRO), has had his insurance…...
Regulator imposes $800,000 in penalties against Specialty Life Insurance
1+ mon, 1+ week ago (465+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. The Financial Services Regulatory Authority of Ontario (FSRA) has imposed $800,000 in administrative penalties against third party administrator (TPA), Specialty Life Inc. (SLI). It has imposed…...
Life insurance application activity increased in May year-over-year
1+ mon, 1+ week ago (455+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. Although month to month, the number of life insurance applications reported to MIB Group Inc. have decreased, the company says this is a common seasonal…...
Individual life insurance policy sales increased in 2025
1+ mon, 2+ week ago (882+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. The number of individual life insurance policies sold in 2025 increased by 4.2% compared to 2024, reveals a collection of data on Canadian individual life insurance sales updated…...
Life agent fined for lapsed liability coverage
1+ mon, 2+ week ago (274+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. In Saskatchewan, Jarett Gedir has entered into a consensual agreement and undertaking with the Life Insurance Council of Saskatchewan (LICS) over a seven-day lapse of…...
Life insurance application activity sets records in March
3+ mon, 1+ week ago (354+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. Canadian life insurance application activity at the end of the first quarter of 2026, was up 15.1 per cent, year-to-date. Activity in March was up 18.6 per cent,…...
Life and health insurance: four strategies to drive growth
6+ mon, 5+ day ago (240+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. Martin Forget, president of Le Maître de l’Assurance, began his presentation with an analogy involving a restaurant. The restaurant employed only one person, who was…...