Economy

Catastrophe bonds have a strong decade

Catastrophe bonds have rates of return in the mid-teens and their losses have hit an all-time low over the last decade says Phil Cook, chief executive officer of Omega Insurance Holdings, CI Top Broker reports.

January 17, 2014

2 min read

A baby born today could live to 150

A baby that is born today could live to the age of 150, says Phil Cook, chief executive officer of Omega Insurance Holdings, according to a CI Top Broker report.

By Staff |January 17, 2014

1 min read

The rich need $2.3M to retire

Canadians with investible assets of $1 million or more say they need an average of $2.3 million to live out their ideal retirement lifestyle, shows a BMO Harris Private Banking survey.

By Staff |January 17, 2014

1 min read

Tech shines on TSX

The market value of the innovation sector, including technology, clean technology and life sciences companies, grew more than 50% on the TSX and TSX Venture Exchange in 2013, the exchanges report.

By Staff |January 17, 2014

1 min read