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A pedestrian walks past the Manulife building in downtown Vancouver, B.C., in this file photo.
A pedestrian walks past the Manulife building in downtown Vancouver, B.C., in this file photo.
(JONATHAN HAYWARD/THE CANADIAN PRESS)

When is global growth not great for life insurers?

Finding a shareholder opposed to the international expansion of Canada’s largest life insurers could be tough.

With the country’s economy poised to grow slowly, low interest rates persisting and a saturated insurance market at home, global growth in emerging markets and riskier countries is one of the few ways for the life businesses to get ahead.