June/July 2011 extras
Four insurers posted losses in Canada in 2010
Four insurers posted losses for the Canadian operations last year. This is what was revealed in an analysis by The Insurance and Investment Journal based on data compiled by MSA Research. Manulife Financial’s loss was the most striking (see below). In 2010, it reached $147 million for its main Canadian […]
Market conduct: Quebec’s regulator clarifies its expectations
After a second round of consultations, Quebec’s financial services regulator, the Autorité des marchés financiers (AMF), has revealed what it expects from the industry in terms of market conduct. “The AMF expects fair treatment of consumers to be a core component of an institution’s corporate culture,” said Danielle Boulet, the […]
