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Definity completes first full year as a public company

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By Kate McCaffery | Feb. 24, 2023, 10:43 a.m.

Flash | ECONOMICAL | DEFINITY FINANCIAL CORPORATION | TD | Investment | Special risks | Strategy | Technology | Analytic | Artificial intelligence | Economy

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Saunders discusses inflation, rate freezes and acquisitions in conversation with TD Securities.

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Headlines

Canadian artificial intelligence code of conduct is voluntary, says minister

Life and health insurers pay out more than $312-million each day

Artificial intelligence talent concentrated in Canada

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Flash

Canadian artificial intelligence code of conduct is voluntary, says minister

Life and health insurers pay out more than $312-million each day

Manulife takes swipe at annuity buy-in market

Insurance CEOs discuss outlook at recent financial summit

ECONOMICAL

PC Insurance and Loblaw aim to expand in auto and home Insurance

Definity boosts earnings in the first quarter of 2023

Definity's net income up 18 per cent in 2022

Brokers concerned about cyber security

DEFINITY FINANCIAL CORPORATION

Definity releases catastrophe estimates for July and August

Definity launches usage-based insurance offering

Lawyers’ association issues statement calling on regulator to investigate Aviva

Property and casualty insurance: Financial results of 170 insurers in Canada in 2022

TD

Regulator continues crackdown on efforts to thwart client feedback

Efforts to thwart client feedback ends in regulatory sanctions

Life insurance: Financial results of 25 insurers in Canada in 2022

TD Bank reports a 12 per cent drop in earnings in the second quarter of 2023

Investment

Self-regulatory organization hosts webinar outlining operations expectations

Ontario Securities Commission publishes summary report

C.D. Howe fellow argues for political will to address climate adaptation

Online brokerage discussion yields insight for user experience specialists

Special risks

Attention deficit hyperactivity disorder cases spike in the last five years

Regulator warns consumers against doing business with Harry Insurance

Generalized anxiety disorder prevalence doubles since 2012

Canada performs poorly in exercise ranking seniors’ care

Strategy

Artificial intelligence talent concentrated in Canada

Regulator publishes competency profiles for approved persons

Think tank says new energy efficiency mandates will increase building costs

Beneva drops Penncorp products due to lack of profitability

Technology

TELUS Health reports show increasing demand for virtual healthcare

Munich Re says underwriting matters more as reinsurance capacity recovers

Insurance regulators publish cyber readiness reference tool

8Base threatens small and medium sized organizations

Analytic

Roughly 20 per cent of mandatory premiums in Alberta go to support litigation costs

United States’ life and annuity industry net income declines

Ontario seeks feedback on permanent target benefit pension framework

Employees with fewer paid days off have higher rates of absenteeism and presenteeism

Artificial intelligence

IBM and Salesforce collaborate to accelerate artificial intelligence adoption

Digital technology and artificial intelligence boost innovation in the insurance market

Executives share views on industry modernization ahead of November conference

Survey finds one in five use artificial intelligence in their jobs

Economy

United States’ property and casualty industry records underwriting loss

Swiss Re calls for a rebalancing of the insurance value chain

Aon says insurance market remains conservative in Canada

Canadian fintech investors close purse strings due to recession fears