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flag of ontario flying high on a flag post, against blue sky

Ontario’s new insurance regulator releases draft priorities and budget

flag of ontario flying high on a flag post, against blue sky

Ontario’s new insurance regulator will raise the standards of transparency and conduct not only in the province, but nationally

  • By: Ian Russell
  • December 14, 2018 February 12, 2019
  • 06:30
Stacked white books on rules and regulations

The new accounting rules that come into effect on Jan. 1, 2021 will have an impact on the capital rules for life and P&C insurers

Paper family of four under a paper cutout insurance umbrella

Proposal aims to “foster discussions between regulators, insurers and intermediaries on market conduct”

law regulations paper flat illustration

The Joint Forum of Financial Market Regulators discussed a variety of high-priority regulatory issues

New rules in Quebec would allow consumers to buy life insurance online

FCA proposes reforms for U.K. asset-management industry

The association calls the current regulatory framework outdated and suggests licensed distribution firms are made responsible for overseeing advisors

OSFI proposes revisions to capital rules for life insurers

The proposed changes are due mostly to the planned introduction of the Life Insurance Capital Adequacy Test for life insurers in 2018

The ICBC, AMF and ICS are considering key changes to supervisory and oversight rules, CE requirements, use of titles and licensing

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