The new rule will come into force following ministerial approval
Eric Jacob brings 20 years of industry leadership to the role
Firms said they're looking for ways to improve the meetings
Higher interest rates generally good for financials, but there are risks, DBRS says
The insurer unlocked $2 billion in capital by offloading the bulk of its U.S. variable annuity book
OSFI's move to lift limits on capital returns marks a vote of confidence
Negative pandemic effects were seen in insurers' U.S. and Asian divisions
Ransomware and other cyber threats may lead to credit downgrades for insurers in the future
Total cost reporting for seg funds as well as title regulation are on the docket for fiscal 2022–23
Ransomeware attacks are up 400% over the past two years, Fitch Ratings reports