Monthly Archive: June 2018

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Manulife unveils plans to transform Canadian business

The company is looking to become more efficient and customer-centric by focusing on technology Go to Source Author: Life Health Professional Life Insurance Blog

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Manulife announces plan to transform its Canadian business

Manulife launches program to digitize and combine a number of back-office functions in Canada, resulting in a workforce reduction of approximately 700 roles through voluntary exit program and natural attrition Remains focused on growth...

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Western Financial Group Announces Acquisition of Axion Insurance

Manulife re-enters participating whole life insurance market and becomes first in Canada to underwrite using artificial intelligence High River, AB (June 20, 2018) – Western Financial Group Inc. (“Western”) is proud to announce that...

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MFDA publishes new Strategic Plan

The MFDA has published its Strategic Plan for 2018 to 2022. Supporting its members innovation efforts is one of the key goals outlined in the plan. Life Insurance Blog

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What sector is brewing the next financial crisis?

Ten years after the 2008 global financial crisis, it’s not a matter of whether there will be another financial calamity, but when and from what sector, a University of Toronto seminar was told. Life...

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Individual Life Combination Premium Grows 18% In 2017

Total new premium for life combination products (which combine life insurance with long-term care or chronic illness coverage) increased 18 percent to $4.1 billion in 2017, according to LIMRA’s 2017 Individual Life Combination Products Annual Review. This is the third consecutive year of premium growth.

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