Canada’s solvency regulator released the property and casualty insurance industry’s first-quarter financial results for 2023, and under IFRS 17 reporting standards, the results look – er, different. Gone are the industry’s familiar financial metrics and key performance indicators (KPIs), such…
COVID-19 last year might have been the end of the world as we know it, to riff on a song by R.E.M., but Canada’s P&C insurance industry is doing fine — financially, at least. After a full year of the…
Canada’s P&C insurance industry survived the pandemic year of 2020 in good financial health, although some insurers wound up with healthier balance sheets than others, according to financial data published in the forthcoming MSA Research Q4-2020 Outlook Report. “The Canadian…