
A new report from the Canadian Institute of Actuaries (CIA) and the Casualty Actuarial Society (CAS) analyzes the impact of marijuana decriminalization on the vehicular accident experience in Canada and the United States.
When risk managers are thinking about risks, cognitive biases that focus on recent risks often come into play. Train yourself to think with a longer time horizon, strategically, and in a way that allows risks to interact in combination with one other. The companies that encourage this are more likely to survive and make better decisions that allow them to thrive.
Continuing the line of the Canadian Insurance Industry Monthly Aggregate Data Analysis series is the fifth report from the CIA, providing updated data to the end of December 2021. Using aggregate data collected from Canadian life insurance companies, the latest report shows that Canada has experienced five distinct waves of COVID-19 infections and deaths. Data is still being collected for the...
New research by the Canadian Institute of Actuaries reveals that low reserve fund contributions will likely lead to overwhelming annual increases and require lump-sum payments from owners to cover shortfalls, and could potentially lead to the loss of homes, especially in the context of rising interest rates.