iAtoday

At the Canadian Pension & Benefits Institute (CPBI) FORUM 2026, held in Quebec City from June 8 to 10, Simon Lavoie-Deraspe, Manager, Actuarial and Pricing, Group Savings and Retirement, took part in a panel discussion on innovations in pension risk transfer, including longevity insurance.

Watch the panel discussion

(In French only)

As a trained actuary and recognized risk transfer expert, Simon provided valuable insights into the perspective of an insurer actively engaged in this rapidly evolving market.

Alongside a benefits consultant and a reinsurance expert, he discussed the evolution of the Canadian pension risk transfer market, advances in pension plan pricing and the challenges associated with member longevity.

A strong, dynamic and evolving market

According to Simon, the market remains healthy, dynamic and competitive, driven by sustained demand from plan sponsors. While transaction volumes may fluctuate from year to year—particularly in the case of larger transactions—competition remains fierce thanks to the presence of multiple insurers and the entry of new reinsurers.

Simon also highlighted the market’s growing sophistication. Experience gained over the years, evolving pricing methods and increased capacity provided by reinsurers now make it possible to address increasingly complex situations and offer solutions tailored to a broader range of pension plans.

Significant growth potential

The growth outlook remains highly promising. Pension plan liabilities in Canada exceed $2,500 billion dollars, while annual pension risk transfer transaction volumes still account for only a small share of this market. Among the trends to watch is the increased potential of plans in the broader public and municipal sectors, as well as defined contribution plans: recent regulatory easing could encourage a greater number of plan sponsors to adopt risk transfer strategies. This evolving landscape points to significant growth opportunities over the coming years.

Our expert’s participation in the CPBI FORUM 2026 reflects our commitment to staying at the forefront of market trends and contributing to the discussions shaping its development. In an environment where plan sponsor needs are evolving rapidly, this expertise remains a key asset in the search for sustainable solutions.