General Insurance in Canada: Key Trends and Opportunities to 2022
Owing to the geographical location of Canada, it has been prey to natural disasters. Property insurance accounted for the largest segment with respect to gross written premium. General insurance in Canada has less volatile underwriting results vis-à-vis the U.S. which can be attributed to the less threatening catastrophic experience and competitive dynamics. Nevertheless, the regulatory ambience in Canada plays an invaluable role in the stability of the market. This can be attributed to good corporate governance, sound ERM (Enterprise Risk...
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