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500 Search results found for: "%22inside insurance%22"
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Regulating Reinsurance: OSFI Releases its Discussion Paper
...reasonable limits on its overall reinsurance exposure to any one reinsurance entity or group, particularly where the cedant FRI relies on its reinsurance programs to underwrite high-limit policies. Additionally, OSFI... -
To B-2 Or Not To B-3: OFSI Releases Much-Anticipated Updates to Reinsurance Guidance
...could aggregate insurance exposures across multiple coverages and/or classes of insurance. It should establish limits by class of insurance for the level of gross insurance risk that the FRI is... -
2022 Federal Budget Tax Highlights
...by $635 million over 5 years starting in 2022-2023, and by $150 million on an ongoing basis. International Financial Reporting Standards for Insurance Contracts (IFRS 17) Budget 2022 proposes legislative... -
New Brunswick Proposes to Regulate the Incidental Sale of Insurance
...types of insurance: cargo insurance; creditor’s insurance; export credit insurance; guaranteed asset protection insurance; mortgage insurance; portable electronics insurance; and/or rented vehicle insurance. The foregoing would be new classes of... -
Insurance & Reinsurance
...to none. We provide corporate and regulatory legal services on insurance matters to a full range of clients, including life insurance companies, property and casualty insurance companies, reinsurers, mutual insurance... -
O Captive! My Captive! Alberta’s Captive Insurance Company Legislation is Effective July 1, 2022 – Do You Know the Opportunities?
...insurance company and what can one do for me? In short, a captive insurance company (a Captive) is a licensed insurance company whose main purpose is to insure its owners.... -
OSFI Releases Draft Guideline B-2 and Revises Rule for Large Insurance Exposures
...that the GUWP should define what constitutes a Single Insurance Exposure by class of insurance, as appropriate, as well as establish limits by class of insurance regarding the level of... -
Controlling Increasing Strata Insurance Costs in British Columbia
...impact on the insurance community, including insurers, insurance agents or insurance salespersons. Please note there are other important changes set out in the Regulatory Changes which should be reviewed by... -
OSFI Releases Draft Guideline B-3: Sound Reinsurance Practices and Procedures
...purposes not directly linked to the mitigation of a FRI’s insurance risks. Under such circumstances, OSFI will evaluate the reinsurance arrangements, including the appropriateness of capital credit for such arrangements,... -
Wicked Winds: Exploring Parametric Insurance in Canada
...there is – parametric insurance. In short, an insurer is more likely to payout a claim faster under a parametric insurance policy than it can under a traditional insurance policy....
