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Emerging risks: The dangers of the economic recovery

By Hubert Roy | July 20, 2021, 9:34 a.m.

Photo: Freepik

Swiss Re has identified a series of pitfalls for insurers as the post-COVID-19 recovery gets underway.

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Special risks

Telus examines benefits plan features that are here to stay

Information technology professionals surveyed about cyberwarfare

Aon plc publishes annual climate and catastrophe report

Association continues lobbying provinces ahead of provincial budget releases

Technology

Regulator publishes proposed guidance for managing information technology risk

Christian Laroche stepping down from helm of IDC Worldsource Quebec

Close to half of small businesses experienced random cyberattacks in the past year

Reuters publishes whitepaper on data-driven insurance decision making

Cyberrisks

Brokers concerned about cyber security

Quebec regulator aims to optimize the compliance burden

Majority of companies have experienced a cybersecurity incident in the past year

Cyber markets look uncertain

Climate changes

Severe weather caused $3.1-billion in insured damage in 2022

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Few small and medium-sized enterprises have climate action plans

Manulife announces partnership with National Geographic Society

Analytic

Defined benefit pension plans in Canada lose 10.3 per cent in 2022

Full year mutual fund and exchange traded fund statistics published for 2022

Full year fund sales decline

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Economy

Business association says recession is avoidable in first quarter

ATB Financial publishes Alberta economic outlook

Empire Life: Net income up 36.4 per cent

Reinsurance report: Performance under pressure

Indemnisation

Beneva drops prescription requirements to soothe physicians

Insurers still hesitant to consider chronic pain as a disease

BMO earning: Declines of 10.6% in wealth management, 5.1% in insurance

RBC earnings in 2022: Down 3.6% in insurance, up 19.7% in wealth management

Claims

Reinsurers divided on whether to accept catastrophe risk

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Fraud

Former agent fined $110,000 for theft and fraud

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Insurance association submits budget recommendations to Alberta

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