Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Report on Business

Streetwise

News and analysis on Bay Street and the world of finance
available exclusively to subscribers of Globe Unlimited

Entry archive:

Insurers seek higher margins in low-interest-rate environment Add to ...

Subscribers Only

Individual life insurance sales in Canada took a hit in the latest quarter at both Manulife Financial Corp. and Great-West Lifeco, after the companies decided to raise prices to protect their profit margins.

Margins have been pinched by low interest rates. In this environment insurers must decide if they want to accept smaller profit margins to keep up their market share, or raise prices and risk lower sales.

Report Typo/Error

Follow us on Twitter: @GlobeBusiness

 

Next story

loading

In the know

The Globe Recommends

loading

Most popular videos »

Highlights

More from The Globe and Mail

Most popular