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Insurance industry needs backstop against major catastrophes: OSFI

OSFI says it s important to develop a backstop for the insurance industry against major catastrophes like an earthquake. Read more.

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Backstop on insurance needed from catastrophe risk: OSFI head

TORONTO It's important to develop a backstop for the insurance industry against major catastrophes like an earthquake, said the head of Canada's financial institutions regulator Tuesday.

British columbiaUnited statesNew zealandPeter routledgeIan bickisCanada deposit insurance corporationFinancial institutions peter routledgeCanadian press

Backstop on insurance needed from catastrophe risk: OSFI head

It's important to develop a backstop for the insurance industry against major catastrophes like an earthquake: OSFI head

United statesBritish columbiaNew zealandPeter routledgeCanada deposit insurance corporationFinancial institutions peter routledge

Backstop on insurance needed for catastrophe risk, OSFI warns

Major disasters in other countries have led to insurance companies going bankrupt, including two after the 2011 earthquake in Christchurch, New Zealand, and nine after the 1992 Hurricane Andrew in Florida

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Backstop on insurance needed from catastrophe risk: OSFI head

Backstop on insurance needed from catastrophe risk: OSFI head
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