Investment not expected to pick up until Bank of Canada begins making interest rate cuts.
Virtually all c-suite respondents say upgrades are coming to core management systems.
Insurers balance growth plans and profitability, higher reinsurance terms and competition.
Securities regulators seek comment until April 17.
In-depth Capgemini report examines top insurance trends in 2024.
Costs grew faster in 2021-2022 than in the previous five years.
Economists see them declining, but caution it will be a long process.