Industry

B.C. must shore up risk crisis communications before, during, after wildfires: report 

KAMLOOPS, B.C. – Upgrades to communications systems in British Columbia’s wildfire zones are needed to save lives and properties, says a report released Wednesday.   The Thompson Rivers University report, which examined B.C.’s communications practices during the devastating wildfire seasons of 2017 and 2018, calls for improvements to better inform people about risks before, during and […]

By Jason Contant | September 23, 2021

3 min read

Are you ready for the changes in IFRS 17?

Learning how to “speak IFRS 17” will be an essential skill for insurers for both ongoing effective governance and communicating business performance to stakeholders, a partner at PwC Canada said. The changes in the upcoming insurance accounting standard can significantly impact a number of key performance indicators (KPIs) that are widely used today for managing […]

By Jason Contant | September 22, 2021

3 min read

How to talk to clients about higher auto premiums

Auto insurance is a necessary evil — drivers can’t operate a vehicle without it. And any number of factors can increase drivers’ premiums. Sometimes it’s simply the market. “The market goes up and down over time,” said Bruce Mackay, president of Mackay Insurance Brokers Inc. in Belleville, Ont. “Some things don’t change at all and […]

By Melissa Shin | September 22, 2021

2 min read

Wildfire and flood disasters are causing ‘climate migration’ within Canada

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Author: Yvonne Su, Assistant Professor in the Department of Equity Studies, York University, Canada   Summer 2021 saw a succession of record breaking disasters. Wildfires […]

By Jason Contant | September 22, 2021

5 min read