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Canada’s risk aversion causing country’s innovation paradox

Report warns that high standard of living is unsustainable with low innovation rates.

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Alberta opens consultation on auto insurance reform
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Pension plans ramp up risk reduction transactions
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Canadian after-tax incomes decreased in 2022
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Nova Scotia adopts association’s short and long-term disability templates
CANADIAN LIFE AND H… +4
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Fallout of a cyber catastrophe modelled by reinsurer
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Average fund fees declined following implementation of disclosure rule amendments
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Close to one-in-ten seniors worked out of necessity in 2022
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Inactive agent with an active license fined for not maintaining liability insurance
P&C INSURANCE +4
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Life Insurance
Pension plans ramp up risk reduction transactions
FLASH +24
Nova Scotia adopts association’s short and long-term disability templates
CANADIAN LIFE AND H… +4
Direct simplified issue offerings benefit advisors eventually
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Pension risk transfer market volumes in 2023 match record
Sam Albanese: A leader who will be missed
Insurers boosted by simplified issue insurance sales
P&C
Alberta opens consultation on auto insurance reform
FLASH +8
Fallout of a cyber catastrophe modelled by reinsurer
FLASH +9
Inactive agent with an active license fined for not maintaining liability insurance
P&C INSURANCE +4
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Embracing artificial intelligence is crucial for industry
National Flood Insurance Program promised again in budget
Insurer divests U.S. business to focus on Canada
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Investment
Average fund fees declined following implementation of disclosure rule amendments
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Agent who defrauded retired couple banned from securities registration
CANADIAN INVESTMENT… +5
Pension funding rises in March
TELUS +7
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Sanctions for pre-signed forms levied against former Fredericton rep
Pension funding rises in March
Insurers express increased appetite for private market investments
Entrepreneurship
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Helping investors look beyond the immediate to invest in their futures
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Self-employed workers overlooked by small business policy, says coalition
STATISTICS CANADA +4
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Health
Six out of ten workers not performing to their full potential
FLASH +7
Cancer incidence higher for those living within 50 kilometers of a wildfire
STATISTICS CANADA +3
Insurers likely to benefit from adding obesity drugs to benefits coverage
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Insurers likely to benefit from adding obesity drugs to benefits coverage
Cancer incidence higher for those living within 50 kilometers of a wildfire
Six out of ten workers not performing to their full potential
Society
Canada’s risk aversion causing country’s innovation paradox
FLASH +6
Canadian after-tax incomes decreased in 2022
FLASH +5
Close to one-in-ten seniors worked out of necessity in 2022
FLASH +5
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Political risk an emerging issue in Canada
Insurers warned that technology experimentation is needed to reap benefits
Pet insurance sales jump nearly 30 per cent over 2022