Convergis will use a hybrid business model
A large part of the European holdings comprise higher quality financial institutions and countries with more robust economies
CLHIA head elected inaugural chairman
Existing capital rules do not adequately provide for group policies where there is a sharing of risk between the insurer and the policyholder
Foresters and its subsidiaries receive ‘Excellent’ ratings
Policyholders will continue to be serviced without interruption
Credit rating agency remains cautious on the outlook of the life insurance industry
Volatility in earnings was due more to the mark-to-market accounting rules that were already in place
Market conduct review included in Ontario regulator’s draft statement of priorities
Criteria used to determine whether policies are exempt from accrual taxes have been updated