Monthly Archive: July 2020

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Canadian DB plans see upsurge in second quarter: report

Staff  | July 29, 2020 Canadian defined benefit pension plans experienced an upsurge in the second quarter of 2020, posting a median return of 9.6 per cent, according to RBC Investor and Treasury Services’ universe of DB pension...

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People Corporation adding Aon alums Siddall, Bell

Staff  | July 29, 2020 People Corporation Inc. is appointing two Aon alums to its team, effective July 31. Kim Siddall is vice-president of enterprise consulting for the West and Kevin Bell is vice-president of enterprise business development...

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The Biggest Insurance Disruptor: Lemonade or Tesla?

New SMA Blog by Mark Breading, Partner, Strategy Meets Action — I’ve never been a big fan of the term disruption. I believe that in the InsurTech world, a majority of the startups are...

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A pre-pandemic snapshot of Canada’s life-insurance gap

While the COVID-19 pandemic has had a broadly catastrophic impact on Canadians’ health and wealth, it’s arguably produced some happy accidents in the life insurance space. Some have pointed to the accelerated adoption of...

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What’s the catch with accelerated underwriting?

With the introduction of social distancing measures and lockdowns to contain the spread of COVID-19, the life insurance industry has received a long-overdue push into an era of innovation. A lot of that has...

Principal Beats Projection With Lower Claims, Diverse Business

Principal Financial Group reported about 150 claims across its life insurance business during the second quarter — a claims experience that allowed the company to dial back its COVID-19 projection going forward. Despite death...

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OMERS appointing Ingrid Chingcuanco as VP, pension operations

Staff | July 28, 2020 The Ontario Municipal Employees Retirement System is appointing Ingrid Chingcuanco as vice-president of pension operations. She joined the OMERS nearly eight years ago as director of pension policy. In that role, she provided pension...