Objective is to promote awareness and enhance transparency of the intervention framework for federally regulated life insurance companies
The Standard Life Assurance Co. of Canada today announced the addition of a whole life insurance product to its portfolio of wealth management solutions. The new whole life product is available immediately through independent financial advisors across Canada.Standard Life’s whole life product offers premiums and values that remain unchanged for the duration of the contract. […]
Report highlights top 10 risks to insurers
Document outlines new structure for principle-based solvency financial requirements
Life insurers may be better positioned than the banks, with little or no exposure to credit problems. Plus they are well managed
Proposed regime intended to encourage the use of improved risk-based business decisions
Council of leading insurers to guide software firm in its strategic product direction
Uncertainty coupled with regulatory and cultural differences are barriers to expansion in emerging markets
Establishes niche in large case market
Industry urges government to more clearly define the scope of public coverage