Evaluating Federal and Provincial Solvency Standards in Canada

Nielson, Norma

Evaluating Federal and Provincial Solvency Standards in Canada

dc.contributor.author	Nielson, Norma	eng
dc.date.accessioned	2011-01-27T23:27:12Z
dc.date.available	2011-01-27T23:27:12Z
dc.date.issued	2009
dc.description	Article deposited after permission was granted by publisher, 01/11/2011.	eng
dc.description.abstract	This article benchmarks solvency supervisory system for the federal and provincially- licensed companies who write insurance in Canada against/The IAIS Common Structure for the Assessment of Insurer Solvency/. The federal regulator (OSFI) is the only one with statutory authority that provides both sufficient power and flexibility to be considered as meeting the core principles of IAIS. At the provincial level, the insurance supervisory system in some provinces falls short of the international standards to varying degrees and, by extension, the practices of the federal insurance regulator. Alberta, British Columbia, and Québec are not far behind. All other Canadian provinces exhibit extensive deficiencies when compared against international standards.	eng
dc.description.refereed	Yes	eng
dc.identifier.citation	Nielson, N. L. Evaluating Federal and Provincial Solvency Standards in Canada Insurance and Risk Management, Vol. 76, No. 4 (January 2009), pp. 39-56.	eng
dc.identifier.doi	http://dx.doi.org/10.11575/PRISM/33987
dc.identifier.issn	1705-7299
dc.identifier.uri	http://hdl.handle.net/1880/48397
dc.language.iso	eng	eng
dc.publisher	HEC Montreal	eng
dc.publisher.corporate	University of Calgary	eng
dc.publisher.faculty	Haskayne School of Business	eng
dc.publisher.url	http://neumann.hec.ca/assurances-revue/en/	eng
dc.title	Evaluating Federal and Provincial Solvency Standards in Canada	eng
dc.type	journal article
thesis.degree.discipline	Risk Management & Insurance	eng