For the same quarter in 2023, the company reported a loss.
Reinsurers collaborate to consistently define what constitutes a major event.
The company saw a significant increase in sales across all its business units.
IFRS 17 impacts have been minimal.
The claims ratio for personal insurance products in Canada climbed considerably during the third quarter.
Regional expertise and technology expected to add to company’s capabilities.
To realize savings in claims, insurers need to scale up their artificial intelligence efforts.