Investors remain unaware of CRM2 rules, says study
CRM2 may have been out for more than a year now, but 79% of Canadian investors are still unaware of the new reporting and disclosure rules affecting mutual funds, according to J.D. Power’s 2018...
Monthly Archive: August 2018
CSIO’s commercial lines working group gets four new members
Four more carriers join group that looks to standardize commercial lines data
Four New Carriers Join CSIO Commercial Lines Working Group
AIG, Economical Insurance, Heartland Farm Mutual, and SGI Canada sign on to advance commercial lines data standards Calgary, AB (Aug. 20, 2018) – The Centre for Study of Insurance Operations (CSIO) is pleased to...
Earnings volatility concerns drive reinsurance buying
Willis Towers Watson survey captures D&O risk perceptions and key D&O insurance program considerations London, UK (Aug. 9, 2018) – Due to pressure from investors, insurers are becoming less tolerant of missed earnings targets....
CLHIA refutes data in study of rising drug claim costs
Stephen Frank, Canadian Life and Health Insurance Association (CLHIA) President and CEO, has accused Innovative Medicines Canada of using “misleading” data in its recent study on drug claim costs.
Aetna International to officially open Toronto Office
Aetna International will be officially opening its new Toronto office on Aug. 21. The new office will provide assistance and health insurance to Canadian employers with employees abroad and foreign companies with employees living...
IFIC announces research initiative aimed at improving investment product disclosure
The Investment Funds Institute of Canada has retained BEworks, a behavioural economics consulting firm, to undertake research that has the goal of enhancing the disclosure practices of investment dealers, advisors and investment fund managers.
Insurers Must Shift from Report-Driven to Data-Driven Strategy to Succeed in Digital Insurance 2.0
A solid data foundation built on an Enterprise Data Warehouse that easily consumes traditional internal data and new external data sources is critical to drive insights and innovation Morristown, NJ (Aug. 1, 2018) –...
Insurance advice for dealing with water damage
Toronto saw more “torrential” rain and flooding this weekend Montreal, QC (Aug. 8, 2018) – Last night a storm cell over the Toronto area brought heavy rain showers that drenched the city. According to...
Managing risk: Reputation events twice as costly for companies since rise of social media
Pentland Analytics with Aon examines dynamic between reputation risk and shareholder value in the age of technology, social media London, UK (Aug. 20, 2018) – Reputation events, such as cyber attacks, have a direct...