Monthly Archive: May 2019

Horizons ETFs and National Bank Direct launch ETF trading contest

Horizons ETFs Management and National Bank Direct Brokerage announced on May 6 the launch of the ninth edition of The Biggest Winner trading competition. The Biggest Winner competition allows Canadian investors to learn about...

Conning: Rising Life Insurance Expenses Impact On Profitability

PR Newswire Life insurance sales are stagnant. Life insurers have been facing a challenging environment of low interest rates, higher reserve requirements, poorer claims experience, and sluggish organic premium growth. In order to achieve...

Conning: Cutting Expenses Not Wise Planning For Insurers

PR Newswire Life insurance sales are stagnant. Life insurers have been facing a challenging environment of low interest rates, higher reserve requirements, poorer claims experience, and sluggish organic premium growth. In order to achieve...

CLHIA marks 125th anniversary

The Canadian Life and Health Insurance Association (CLHIA) is marking its 125th anniversary. The association was founded on May 5, 1894 by eight executives representing Canadian-based life insurance companies. “Their association was created as...

Minnesota Man Faked His Own Death For $2M Life Insurance Payout

Saint Paul Pioneer Press (MN) A former Twin Cities man accused of faking his death in order to collect $2 million in life insurance pleaded guilty Friday in federal court in Minneapolis, according to...

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Tesla partners with Markel on car insurance

New, “compelling” Tesla Private Passenger Auto insurance program “grounded in innovation” Sacramento, CA (May 1, 2019) – Tesla will launch an insurance program for its drivers via a partnership with State National Insurance Company,...

Empire Life reports first quarter net income of $43 million

Empire Life posted net income of $43 million for the first quarter of 2019, up from $39 million in 2018. In a May 2 statement, the insurer said the earnings increase was primarily due...