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B.C. regulator to determine insurers’ exposure to US/European debt crisis


July 25, 2011   by Canadian Underwriter


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British Columbia’s Financial Institutions Commission (FICOM) is surveying all insurance companies authorized in the province to determine the extent of their risk exposure to the recent European/United States fiscal debt issues.
FICOM is requesting that insurers access the survey at the following link:
http://www.fic.gov.bc.ca/pdf/insurance_forms/INS11-007RiskExposureSurvey.xls
Upon completing the survey, the insurer can submit it electronically as an Excel file, with the insurer’s name as the filename, to insurance@ficombc.ca before Aug. 20, 2011. ‘Exposure Survey’ should be noted in the subject field.
Any questions can be directed to insurance@ficombc.ca.


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