Canadian insurance stocks, like Sun Life, Intact Financial, and Power Corporation, are known for their reliable ...

Definity said the deal makes it one of Canada’s top five P&C insurers, with combined annual premiums of around C$6bn ($4.36bn ...

The insurer said it expects to use net proceeds for share repurchases and to support operations and other corporate purposes.

Insurance companies in Canada are urging the national government to create a program to cover mounting flood losses. Floods, hailstorms and wildfires have cost Canadian property insurance companies $7 ...

Canadian life insurance new annualized premium increased 4% in 2023 to $1.86 billion in 2023, according to LIMRA's Canadian Individual Life Insurance Sales Survey. This is the highest sales ever ...

SPG Canada has completed the acquisition of AVRO Insurance Managers Ltd., a specialized aviation insurance provider, ...

TORONTO--(BUSINESS WIRE)--Oneday, a leading third-party administrator in the Canadian life insurance industry, today announced the full-scale launch of its proprietary technology platform, Oneday Pro, ...

A recent LIMRA study found 57% of Canadian adults say they have life insurance coverage. Although this is three points higher than the results from a similar study conducted by LIMRA in 2019, 30% of ...

Every year, extreme weather events wreak havoc across Canada, disrupting the lives of tens of thousands. Financial losses from these events have surged, surpassing $7 billion in 2024, due in part to ...