Canadian lifecos ‘well positioned’ to manage credit impairments: A.M. Best
However, the bank and insurer surtax remains at 1.5% for profits over $100M
Regulator expands oversight reviews after pilot efforts find widespread shortcomings
Revisions to accommodate a new accounting standard are due in 2023
A report says insurers have yet to take a broad approach to climate risk in their portfolios
The US$85-million deal should help expand stop-loss health coverage
Industry is pushing back against the private member’s bill
Covid-19 provided the industry and regulators a real-time test of adjusted rules and policies
New approach will end reliance on insurers' internal calculation models
Insurance industry veteran Joe Dickstein retired from PPI in 2013 at the age of 83