Low rates, risks and regulation will weigh on earnings and drive higher prices
Regulator received 52 complaint forms over a period of 10 months
Ontario’s new insurance regulator releases draft priorities and budget
Ontario’s new insurance regulator will raise the standards of transparency and conduct not only in the province, but nationally
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
Proposal aims to “foster discussions between regulators, insurers and intermediaries on market conduct”
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
The association calls the current regulatory framework outdated and suggests licensed distribution firms are made responsible for overseeing advisors
The proposed changes are due mostly to the planned introduction of the Life Insurance Capital Adequacy Test for life insurers in 2018