Kelsey Rolfe | September 11, 2019 Manulife Financial Corp. is rolling out its Vitality health and wellness app to all its group benefits plan members after initially launching it with its own employees. The Vitality program,...
The need for change in the insurance industry is compelling but the path to success is tough, according to one of the industry’s leading CEOs. Roy Gori, president of Manulife, was speaking at the...
According to new industry data from the Canadian Life and Health Insurance Industry Association (CLHIA), insurers paid out $98 billion in benefits to Canadians last year, representing an increase of 7% over 2017 and...
In Canada, mortgage insurance is mandatory for all high-ratio loans – loans where 80% of a property’s value or more is financed through a mortgage. However, contrary to popular belief, borrowers are not obliged...
Prescription drug expenditures by Canadian public drug plans increased by 7.4% to reach $11.4 billion in 2017-2018, the Patented Medicine Prices Review Board (PMPRB) said in a new report. According to the board’s CompassRx,...
In recognition of Life Insurance Awareness Month, LIMRA has released new figures reflecting the state of life insurance ownership among Canadian households. Drawing from its 2019 Canadian Life Insurance Ownership Series — Household Trends...
The Insurance Bureau of Canada has applauded the Global Commission on Adaptation on its flagship report, Adapt Now: A Global Call for Leadership on Climate Resilience. The IBC announced Sept. 10 that it is...
Staff | September 10, 2019 The Canada Pension Plan Investment Board is opening an office in San Francisco. The new location is the CPPIB’s second U.S. office, after New York City, and its ninth worldwide. “One of the pillars of our...
Scale, efficiency and risk knowledge become more important Swiss Re expects further rate increases for loss-affected and underperforming businesses and broadly stable rates elsewhere as capital remains abundant In Swiss Re’s view, the upward...
Global temperature change, global trade collapse, and cyber warfare top the ranking of extreme risks that could have a significant impact on economic growth and asset returns, should they happen Arlington, VA (Sept. 9,...