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Canadian life insurer Canada Life saw 14% sales growth in Q1 2026, driven by digital tools and expanded services amid low rates and economic uncertainty.
Life insurers in 2026 face persistent challenges from low interest rates and pandemic-related economic uncertainty, prompting a shift toward digital transformation and personalized services.
Canada Life reported a 14% sales increase to $3.6 billion in Q1, driven by strong performance in segregated and mutual funds, supported by digital tools like e-signatures and the SimpleProtect onboarding system.
The company expanded accelerated claims and underwriting limits, launched Advisor Workspace for advisors, and consolidated product lines under one brand, improving client and advisor experience.
Insurers are investing in technology, exploring new asset classes like cryptoassets and carbon offsets, and adapting to evolving client needs amid regulatory complexity and market volatility.
La aseguradora de vida canadiense Canada Life registró un crecimiento de ventas del 14% en el primer trimestre de 2026, impulsado por herramientas digitales y servicios expandidos en medio de tasas bajas e incertidumbre económica.