New name offers unified brand for insurer acquired by Foresters in 2008
Fitch affirms ratings Sun Life Financial and its Canadian life insurance subsidiary
Low interest rates and volatile stock markets in North America have pushed Canadian insurers to expand their ventures in emerging markets.
Stock market declines, increases in credit spreads weighed on liquidity this year
Once interest rates start rising, the share prices of Great-West Life and Industrial Alliance should bounce back
Decision follows strategic review
The use of different accounting rules is making the financial situation of Manulife, Sun Life and other firms quite unclear
Company to focus on savings and investment market
Act enhances the supervisory powers of the Financial Consumer Agency of Canada
Despite the weak earnings, financial flexibility remains strong, Moody’s says