Canadian insurers well positioned to deal with elevated risks from IFRS 17
Tech savvy to overtake branding as an industry strength
Operating conditions are set to improve alongside growth and rising rates
Move sparks discussion about captive model and compensation
Earnings, asset quality driving positive rating actions
Big financial institutions would also have to pay a pandemic recovery dividend
Rating outlook upgraded amid stronger growth, improved operating environment
New research from DBRS Morningstar highlights how growing ESG interest is playing out in the insurance space
The company's earnings benefited from higher new business in Asia and the U.S. and core investment gains
The insurer attributed its gain to favourable equity markets and interest rate changes