As 2024 comes to a close, the Insurance Portal invites you to read or re-read our ten most popular articles on issues impacting society. 

Canadian cities should take action now to meet the future challenges of climate change, warned ratings agency Morningstar DBRS in a commentary published Aug. 27. 

Financial pressures, stresses and consumer sentiments about financial planning are all discussed, in a round up of consumer surveys published by RBC Royal Bank, the Canadian Credit Union Association Cooperative and Embark Student Corp

The Financial Services Regulatory Authority of Ontario announced April 17 that it has published two new pieces of guidance for consultation, this time focused on corporate governance and operational risk and resilience. 

A new report estimated total dedicated reinsurance capital for year-end 2024 at between USD 620 billion and USD 625 billion. 

The income gap between Canada’s wealthiest and lowest income households widened to 65 per cent between the top 20 per cent of earners and the bottom 40 per cent of earners in 2023. 

According to Morningstar DBRS, the global outage that affected numerous IT systems on July 19 will not have a long-term impact on the credit ratings of financial institutions and insurers. 

A report from Ontario’s Pay Equity Office, Understanding the Gender Pension Gap in Canada, reveals that women receive $0.83 to every $1.00 a man receives in retirement income. 

A report from Statistics Canada, Employment by choice and necessity among Canadian-born and immigrant seniors, looks at the degree to which different seniors, those between 65 and 74 years of age, worked by choice or necessity in 2022. 

A cyber risk solution provider, warns that hackers are taking advantage of growing “merger and acquisition (M&A) activity, coupled with reliance on ubiquitous software vendors” to carry out widespread ransomware campaigns. 

It was alleged that the agent intentionally provided false or misleading information to insurers and insureds alike on multiple occasions.