Thursday, November 3, 2005
Cdn Insurers Show Cdn Banks How it's Done
The Globe and Mail, Sinclair Stewart, 3 November 2005There's a lesson to be found in the recent quarterly results of Manulife Financial Corp. and Sun Life Financial Inc., but no one has to explain it to the country's banks: The insurers, unlike their Big Five brethren, have found a way to crack the lucrative U.S. market, and it's beginning to pay huge dividends.Despite incurring a punishing
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