Don’t expect a repeat of last year’s dramatic rise in Canadian bank stocks, money managers say; growth will be slow but steady
New principles are intended to encourage the use of improved risk-based business decisions
Bergman to lead new P&C insurance company
Improved coverage and dispute resolution among consumer perks; insurance firms look forward to reduced red tape
Property loss due to major weather events has become a bigger concern Canadian insurance companies
Study being sent to all federally regulated life insurers
The finance minister says he may impose changes on resistant banks
Insurance brokers applaud government decision
Legislation in offing
Many of Canada’s biggest banks are beefing up their insurance businesses, and their direct-distribution channels are gaining prominence as the institutions seek new ways to reach a large, untapped market of Canadians.Bank of Nova Scotia is the most recent bank of the Big Five to bolster its presence in insurance. In August, the bank’s Canadian […]