Canadian Underwriter

Keyword
regulators

Feature Risk

Regulatory tentacles

November 7, 2018 Ryan Gustafson, Head of Multinational, AIG Canada

Regulators are watching captives carefully. How to avoid getting caught in the grasp of a tax audit

Feature Legislation / Regulation

Regulatory Reform

October 26, 2017 Brian Reeve, Partner, Cassels Brock & Blackwell LLP

Insurance regulatory frameworks are becoming disrupted as new technologies and the rise of social media are changing the way insurance is bought and sold.

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and AqcuisitionsTechnology

Equifax says U.S.-focused theft of data touched ‘certain’ Canadian residents

September 8, 2017 The Canadian Press (CPSTF)

TORONTO – Credit monitoring company Equifax says that it will work with regulators in Canada and the United Kingdom to determine the appropriate steps following a lapse in cyber security that’s affecting about 143 million people in the United States.

News InsuranceLegislation / RegulationMarkets / CoveragesProductsTechnology

Insurance providers advised to check assumptions that younger generation is comfortable buying online

August 29, 2017 Greg Meckbach, Associate Editor

There is a “convergence” of attitudes towards technology across all age groups and insurance providers need to question their assumptions about buying habits of different demographic groups, speakers suggested Tuesday at the Insurance-Canada.ca Executive Forum. “We want to make sure

News CatastrophesClimate ChangeInsuranceMarkets / Coverages

Earth likely to see increase in frequency and intensity of storms, wildfires and flooding: AIR Worldwide

July 5, 2017 by Canadian Underwriter

The earth is likely to see an increase in the frequency and intensity of weather phenomena, including severe thunderstorms, wildfires, inland floods and coastal flood, according to projections from catastrophe risk modelling firm AIR Worldwide. The projections were contained in

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

Global business leaders cite regulatory risks, disruptive influences and cyber risks as key challenges

June 14, 2017 by Canadian Underwriter

Companies in Canada and around the world are being increasingly impacted by risk, with nearly three quarters (72%) of business leaders polled in a recent survey “citing that they believe we are living in a riskier world,” said a new

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

New Insurance Institute webinar to explore the sharing economy as an “opportunity and a threat” for Canadian p&c industry

May 30, 2017 by Canadian Underwriter

The Insurance Institute of Canada (IIC) will host a webinar examining the sharing economy as both an opportunity and a threat to the Canadian p&c industry. The webinar is scheduled for June 14 at 1 p.m. EDT. It offers “future-forward

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Canadian companies lag in cybersecurity investments, survey finds

May 23, 2017 by Canadian Underwriter

More than three-quarters (76%) of surveyed Canadian executives believe that the number of data breach attempts on their firms will be higher in a year, yet fewer than half said that their organization’s investments in cybersecurity will increase in that

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and AqcuisitionsReinsurance

161 companies have exited Canadian P&C market in past 20 years, 96% voluntarily: PACICC

April 13, 2017 Jason Contant, Online Editor

Over the past 20 years, 161 different insurance companies have exited the Canadian P&C market, 96% of which were voluntary exits, according to a new report from the Property and Casualty Insurance Compensation Corporation (PACICC). The report, the 11th in

News InsuranceLegislation / RegulationMarkets / CoveragesTechnology

Confront risks of financial technologies to reap benefits: FINTRAC

February 22, 2017 Andy Blatchford - THE CANADIAN PRESS

OTTAWA – The head of Canada’s financial intelligence unit warns that regulators must grapple with the challenges of emerging financial technologies, some of which he says have been exploited by terrorism and organized crime. But while it’s necessary to safeguard

News InsuranceLegislation / Regulation

Complexity, speed of change of emerging risk exposures placing greater attention on effectiveness of ERM strategies, new report says

January 9, 2017 by Canadian Underwriter

The complexity and speed of change of emerging risk exposures are placing greater attention on the effectiveness of enterprise risk management (ERM) strategies across all industry sectors, according to a newly released report. The report, titled Communicating the Value of

News CatastrophesInsuranceLegislation / RegulationMarkets / Coverages

Drillers, regulators can lessen earthquakes likely caused by wastewater injection, new research reveals

August 29, 2016 by Canadian Underwriter

Actions taken by drillers and regulators can lessen risk in the case of earthquakes likely caused by the injection of industrial wastewater deep underground, according to new research from the U.S. Geological Survey (USGS) and the University of Colorado. While