Reinsurer Swiss Re broke down the scenario in an economic note released on July 15.
After selling its stake in one insurer, it is working on rebuilding another.
A rating firm evaluated their response.
American group now entering the Canadian market.
The total transaction value is C$4.45 billion.
The new appointee will be responsible for North America Channel Relations.
He recommended that 25 clients concentrate their holdings in precious metals sector mutual funds.