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Canada Regulatory Agenda Insurance Regulations

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FSRA Proposes New Regulatory Framework for Life and Health Managing General Agents in Ontario

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On January 28, 2025, the Financial Services Regulatory Authority of Ontario (“FSRA”) published Proposed Rule 2025-001 (the “Proposed Rule”), which builds on recent amendments to the Insurance Act (the “Act”). Those amendments...more

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Alberta Initiatives Supporting Local Reinsurance and Captive Insurance Fully In Force By July 1, 2022

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The Government of Alberta’s initiatives in support of reinsurance and captive insurance in the province, discussed in our post of April 20, 2022, will soon be fully in force. Already in force, as of May 31, 2022, are...more

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CCIR and CISRO Release Proposed Incentives Management Guidance

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On February 17, 2022, the Canadian Council of Insurance Regulators (“CCIR”) and the Canadian Insurance Services Regulatory Organizations (“CISRO”) released proposed guidance (“Draft Guidance”) on compensation and incentive...more

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