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On February 11, 2022, Canada’s federal prudential insurance regulator, the Office of the Superintendent of Financial Institutions (“OSFI”) released long-awaited final versions of its...
On November 26, 2020, the Office of the Superintendent of Financial Institutions (" OSFI") issued for public comment a draft revised Guideline B-2, Property and Casualty Large Insurance Exposures and Investment Concentration (the " Draft Guideline") which would replace the current Guideline B-2, Investment Concentration Limit for Property and Casualty Insurance Companies (the " Current Guideline"). The significant changes to the Draft Guideline address single large insurance exposures of federally regulated property and casualty insurers (" P&C Insurers"). The Draft Guideline departs from a...