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AuthorSandra Caya

Life insurance claims up in April and May due to COVID-19

A new report out today from the Canadian Institute of Actuaries (CIA) highlights data aggregated from 13 insurance companies in Canada for January to June 2020. Individual life insurance claims increased in April and May, at the height of the first wave of COVID-19, compared to the same period in 2019. The percentage of claims that could be attributed to COVID-19 also reached over 12% in April.

Your Board: Keeping a close watch

The CIA President explains how the Board operates, offers some examples, and provides an overview of the key questions Board members discussed at their meeting in September.

The Actuarial Foundation of Canada and you

The Actuarial Foundation of Canada aims to raise $225,000 to offer more programming and activities that promote financial literacy among young Canadians. Learn more about the Foundation’s vision and how you can help.

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