by admin | Nov 14, 2024 | OSFI Insights, Results
Share on LinkedIn Today, November 14, marks the official OSFI Q3-2024 filing deadline for Canadian property and casualty (P&C) insurers, a critical milestone for finance teams. The deadline, which falls 45 days after the end of the quarter, shifts the focus from...
by admin | Nov 13, 2024 | OSFI Insights, Results
With Q3-2024 results from OSFI-regulated insurers on the horizon, it’s a great time to reflect on last year’s Q3-2023 year-to-date performance in Canada’s Property & Casualty (P&C) insurance sector under IFRS17 standards.Last year, some major players reported...
by admin | Nov 4, 2024 | OSFI Insights, Results
The Q2-2024 results highlight the resilience and growth potential within Canada’s Property & Casualty (P&C) insurance sector. Leading the list is Tokio Marine Canada, headed by Michael George, with a 245% year-over-year revenue increase. Tokio Marine’s H1...
by admin | Oct 1, 2024 | OSFI Insights, Results
The Q2-2024 results underscore the financial strength of Canada’s Property & Casualty (P&C) insurance sector, with total net profits after taxes reaching $5.3 billion. Domestic insurers contributed $2.5 billion, while foreign entities added another $2.8...
by admin | Oct 1, 2024 | OSFI Insights, Results
As of Q2 2024, Canada’s Property and Casualty (P&C) insurance industry achieved substantial revenue growth, reaching a year-to-date total of $42.2 billion. Domestic insurers led with $32.5 billion, while foreign entities contributed $9.7 billion. Intact Financial...