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OSFI publishes draft guideline B-2 and revises the rule for large insurance exposures – insurance

Canada: OSFI publishes draft guideline B-2 and revises the rule for large insurance exposures To print this article, simply register or log in to Mondaq.com. On November 26, 2020, the Office of the Superintendent of Financial Institutions Canada (OSFI) released its draft guideline B-2: Property and Accidents Large insurance exposures and investment concentration (Guideline B-2). In OSFI's Reinsurance Discussion Paper, published in June 2018 (the Discussion Paper), OSFI recommended that it introduce a rule in Guideline B-2 to limit the scope of policies provided by Property and Casualty (P&C) Federally Regulated Insurers ( FRIs) in certain circumstances (the rule). The…

How to compare motor vehicle quotes

Getting a quote for motorcycle insurance is easy, but it takes some research to find out which providers offer cheap insurance and the best policies for your bike. This article can help you get started with the basics of motorcycle insurance shopping. Learn how to request quotes and discover the average costs and common ways to save on coverage. If you want to compare your options right away, use the tool below to receive free quotes from several of the best motorcycle insurers. In this article: Where can I buy motorcycle insurance? Most of the largest auto insurance companies also…

Private Motor Insurance Market Report 2020 in the UK – ResearchAndMarkets.com

DUBLIN - (BUSINESS WIRE)--The "United Kingdom (UK) private car insurance - market dynamics and opportunities 2020" report has been added to From ResearchAndMarkets.com to offer. This report examines consumer purchasing habits in the private motor insurance sector, as well as how consumer preferences change over time. It identifies what is most influential to customers when buying a policy, and also reveals the most popular providers in the market. New trends and innovations are highlighted, as well as the main factors that will influence the market in the coming years. Gross written premiums (GWP) decreased in 2019. This was caused by…

Do I need to buy travel insurance? Bankrate.com

Dear Cash In,I am booking travel for 2021, but I cannot decide if it is worth the extra cost to pay for travel insurance or if my credit card travel insurance is sufficient. Will travel insurance cover me even if I get COVID while I'm away or if I have to cancel my trip due to the pandemic? -WendyDear Wendy,Buying travel insurance is certainly one way to buy peace of mind when planning a trip during the coronavirus pandemic. But you're right, travel-specific travel insurance policies are an added expense and - like the benefits of your credit card travel…

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