Brompton Lifeco Split Corp T.LCS

Homeowner's insurance re. wildfires

[Eoj123]

By looking through the 4 company's websites it appears the only iA offers homeowner's insurance and the remaining 3 do not. Unless I missed something.. 

[mouserman]

Smoke from the fires is also  causing health issues, and perhaps that is part of the negative for those  lifecos with group health insurance . IN BC , in many jurisdictions, the air quality has reached the top rating for being dangerous to health. 2 of my siblings live in Kamloops and they are getting ready to evacuate, not just because of the proximity to a large out of control wildfire

[navgod]

I think you are grasping at straws trying to link recent Cdn Life companies under performance and Cdn wildfires and related damage and health issues. There is no logical conection between the two events. I might also point out that not long ago you were linking rising interest rates with the improved performance of Cdn Lifcos -- something I agree with and which has not gone away. GLTA

[mouserman]

Seems the market is picking on the lifecos for some reason... altho i think you are right about the exposure to the fires. It is not as great as many are believing. Could be just general profittaking on the biggest gainers in the past year. ALL 4 lifecos do have pretty big exposure to the  markets in general.. with  a lot of diverse investments.

[kurtwalter]

Analysts generally claim that high bond and GIC yields have investors moving out of equity into fixed income. Same in US