Company: Canadian Council of Insurance Regulators

56 results found
Canadian insurance regulators focus on three key priorities

The CCIR plans to continue developing a Canadian market conduct regime that reflects the standards the International Association of Insurance Supervisors have set out

FSCO reports decrease in insurance advisors’ compliance rates

Carriers had to provide a wide range of information on the business they conducted during the previous calendar year by May 1

Empire Life expands digital applications to seg funds

But the two groups have differing views on how the rules for seg funds and mutual funds should be harmonized

One goal is to reduce the potential for regulatory arbitrage

Advocis encouraging advisors, clients to oppose commissions ban

Insurance regulators have issued a paper that suggests existing and potential gaps in disclosure between mutual funds and segregated funds may need to be addressed

Canadian VC funding activity surges in 2016

The CCIR plans to publish a consultation paper this spring to discuss potential methods of closing the gap between mutual fund and seg fund disclosure requirements

CCIR framework intended to support and implement more collaborative and co-operative supervisory activities

The agreement will result in more consistent handling of consumer complaints, more effective risk surveillance and greater collaboration in addressing market conduct issues

CLHIA releases compliance guidelines as part of its response to recommendations from regulators

Strategic plan focused on enhancing consumer protection