Insurance Journal Publishing Group

Manulife has reported an increase in net income for the fourth quarter and for all of 2020, compared to the same periods in 2019.

Economical’s net income jumped to $66.7-million for the fourth quarter of 2020, up from just $6.8-million reported for the same period a year earlier.

DIY investor inquiries and complaints are up 270 per cent.

Reported net income in the fourth quarter of 2020 was $744-million, a slight increase from $719-million in the fourth quarter of 2019.

Net earnings and base earnings for Great-West Lifeco Inc.’s Canadian business rose during the fourth quarter but remained relatively flat for the full year in 2020.

Sun Life Vietnam Insurance Company has formed a 15-year exclusive bancassurance partnership that will see the company’s life insurance solutions distributed through a bank’s branches in Vietnam. https://insurance-portal.ca//sun-life-forms-15-year-distr/

FP Canada is the latest industry member to publish its response to the Financial Services Regulatory Authority of Ontario proposed Financial Professionals Title Protection rules. https://insurance-portal.ca//fp-canada-publishes-response/

Intact announced that together with Tryg A/S, the company has reached an agreement with RSA Insurance Group plc to purchase the entire issued and to be issued share capital of RSA. https://insurance-portal.ca//intact-partners-with-tryg-to/

Meridian and Thinking Capital have announced a strategic partnership to expand small business lending solutions in Ontario. https://insurance-portal.ca//meridian-and-thinking-capita/

The Ontario Securities Commission has rewarded whistleblowers who provided the regulator with timely information. https://insurance-portal.ca//three-whistleblowers-awarded/

Manulife is adding adoption, surrogacy support, fertility medication and gender affirmation along with increased family leave support for its employees in Canada. https://insurance-portal.ca//manulife-adds-family-focused/