AM Best, the credit rating agency, reported that Canada’s life and annuity (L/A) insurers delivered strong results in 2024.The sector benefited from record growth in new annualised premiums, along with increased revenue from assets under management and fee-based income.According to AM Best, the outlook for the Canadian L/A market remains stable, supported by consistent earnings, sound underwriting performance, and prudent capital management across the industry. The agency noted that these factors, combined ...