Industry chided for its role in the financial crisis
Changes are in the works for capital requirements, accounting rules
But equities markets’ better performance has eased the pressure on these firms greatly
Move will shave weeks off application process
Don’t expect a repeat of last year’s dramatic rise in Canadian bank stocks, money managers say; growth will be slow but steady
New principles are intended to encourage the use of improved risk-based business decisions
Bergman to lead new P&C insurance company
Improved coverage and dispute resolution among consumer perks; insurance firms look forward to reduced red tape
Property loss due to major weather events has become a bigger concern Canadian insurance companies