Insurers face a challenging environment in 2012
OSFI aims to develop rules that are more risk-sensitive
Industry performance has probably hit bottom and results could improve in 2012
The variation in performance across individual companies is widening
Regulator to postpone the implementation of FX risk margin until 2013
EGI and Intact, which cater to different segments of the P&C market, have “buy” recommendations
Regulators and industry to work together to ease the implementation of an audit requirement
Comments due Jan. 14
Guideline introduces new capital ‘floor’
Ontario needs to ban the use of credit scoring to set home insurance premiums: IBAO