Staff | June 12, 2020 Desjardins Insurance is joining Obesity Canada’s partnership program, which leverages resources from Canadian organizations to fund obesity research, education and advocacy initiatives. Marc Bertossini, director of marketing for group and business...
Martha Porado | June 12, 2020 In seeking to better serve its plan members, the Ontario Teachers’ Pension Plan has been on a journey to change its strategic thinking to access a more meaningful picture of...
Staff | June 12, 2020 Vestcor Investment Management Corp. returned 11.76 per cent in 2019, with total assets under management rising to $18.5 billion, according to its 2019 annual report. The organization, which manages the investment and administration for...
Jennifer Paterson | June 12, 2020 A new paper is evaluating how global retirement systems are faring in the wake of the coronavirus pandemic and what reforms will be required to facilitate the retirements of future generations....
Staff | June 12, 2020 The Investment Management Corp. of Ontario has sold its interest in Spanish electricity provider Viesgo to funds managed by Macquarie Infrastructure and Real Assets. Prior the sale, the IMCO and MIRA collectively owned 60...
Despite holding diversified fixed-income assets, Canadian life insurers’ portfolios are in danger of degradation as slowed-down economic activity and extreme market volatility heighten credit risks, according to DBRS Morningstar. In a new commentary, the...
Staff | June 11, 2020 For institutional investors, the debate still rages over whether to divest from a company they find to have problematic practices where environmental, social and governance issues are concerned or to remain...
MetLife Inc. has agreed to pay $84 million to settle an eight-year-old class-action lawsuit filed by shareholders who claim the insurer underreported its liabilities via claims to deceased policyholders. Plaintiffs claim that MetLife failed...
Staff | June 11, 2020 The Canadian Life and Health Insurance Association is appointing Jean-François Chalifoux, chief executive officer of SSQ Life Insurance Co. Inc., as the new chair of its board of directors. Chalifoux took on the...
Agtech leader digitally transforms insurance businesses by pairing field-centric data with intelligent automation and predictive analytics, cultivating new service-driven revenue streams Virden, MB (June 9, 2020) — Farmers Edge, a global leader in digital...