Preview of Life Insurance Cos Q2 2007 Earnings

Scotia Capital, 16 July 2007Event� Canadian insurers start reporting Q2/F07 results on July 31. We've released our detailed Insurance Q2/F07 Earnings Preview on July 16.What It Means� We believe the Canadian lifecos could beat our EPS estimates this quarter (which are $0.01 below consensus for each lifeco) despite the currency headwind, largely due to very buoyant equity markets (up 17% YOY).�