Monthly Archive: May 2020

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IIROC nominates three candidates for independent director positions

Staff | May 29, 2020 The Investment Industry Regulatory Organization of Canada is nominating three candidates for upcoming independent director positions on its board. The nominees — Malcolm Heins, Jennifer Newman and Laura Tamblyn Watts — will be subject...

ACLI Version Wins In IUL Illustration Fight

State insurance regulators sided with an industry trade group Thursday in choosing language designed to tamp down wayward indexed universal life illustrations. But not before a rift further widened between industry factions. Life Actuarial...

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LIMRA announces joint research on COVID-19 mortality

LIMRA has partnered with the Society of Actuaries (SOA) and TAI have joined forces to conduct groundbreaking research on the effects of the COVID-19 pandemic on individual life mortality. According to Marianne Purushotham, corporate...

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Mawer appoints new leader of fixed income strategies

Staff | May 28, 2020 Mawer Asset Management Ltd. is appointing Crista Caughlin as lead manager of Canadian bond, global bond and Canadian money market strategies. Caughlin, who joined Mawer in May, will take over in July from...

Term Life Premium Up 8%, Offsetting Tough 1Q: LIMRA

Term life insurance new premium rose 8% in the first quarter, with 40% of term life writers reporting double-digit increases, according to LIMRA data. The term premium increase is the highest since the second...

83M Americans Say COVID-19 Has Them More Likely To Buy Life Insurance

PR Newswire As the coronavirus pandemic continues to impact everything from the economy to daily life, worries over personal safety have driven 83 million Americans to consider buying life insurance or increasing their life...