Insurance

Manulife reduces earnings targets

Volatile equity markets and weak interest rates battered Manulife Financial’s Q2 2012 earnings, forcing it to report its fifth loss in the past ten quarters. Following news that low rates could cost insurers millions in the next few years, the company released its earnings. Overall, Manulife posted a $300-million loss in its second quarter, saying […]

By Wire services |August 10, 2012

2 min read

Help clients choose settlement options

An insurance policy’s fine print gives you a lot of control

August 2, 2012

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Clients must disclose risky hobbies

Participating in risky activities outside of the workplace can be costly, with the non-medical underwriting procedure requires the insured to disclose any potentially dangerous hobbies or sports.

By Maureen Glenn |July 31, 2012

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Global economy dampens Q2 pension returns

Canadian pension plans lost some of their first quarter gains in the second quarter of this year, as concerns over the European debt crisis and a weakening global economy pushed Canadian equities lower, according to a survey by RBC Investor Services. Within the $410 billion RBC Investor Services All Plan universe, Canadian DB pensions fell […]

By Staff |July 31, 2012

2 min read