Monthly Archive: March 2019

Half of Canadians Would Rather Renovate than Relocate

A recent RateSupermarket.ca survey revealed over half of Canadians would choose to renovate their current home, instead of moving to a new home, if they had a budget of $50,000. With the current high-interest-rate...

Bank of Canada likely to hold rates until 2020 says TD Bank

A new report by TD Securities predicts the Bank of Canada (BoC) will hold its benchmark rate, where it currently sits at 1.75 per cent, for the remainder of 2019. The report is called,...

Milliman Looks At Growth of Life/Annuity With LTC Riders

SEATTLE, March 21, 2019 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, announces the results of a first-of-its-kind, industry-wide study that examines insurers’ experience with combination products – those that couple life...

Four in 10 Canadians Say They are Victims of Identity Theft

Identity theft is an intricate crime, but its cause is very simple: Ignorance, Lack of Awareness and easy availability of vulnerable information. According to a recent study conducted by Equifax Canada, attempts of credit...

Report: Life Insurance Distribution Needs Reinventing Globally

Life insurers globally face multiple challenges and among the most critical is the sustainability of their agency distribution models. After decades of limited innovation, distribution is on the cusp of major change, which will...