FOREWORD
The life insurance industry has been affected by a number of
factors over the past few years: the 2008-2009 financial crisis,
increasing regulation, historically low interest rates, aging
populations and tougher accounting rules. And while the future may
be hard to predict, it's definitely not impossible to prepare
for. There is life within the life insurance industry and like
Albert Einstein said, the key is to "keep moving" and
take action for the uncertain future, and exploit the emerging
opportunities.
PwC is pleased to present a special edition of our Insurance
Review: The Canadian life insurer – Competing for a
future. This life insurance edition of the Insurance Review
spotlights articles on three compelling issues in today's life
insurance market: