Worldwide: Insurance

The remaining Phase of OSFI's review of reinsurance contemplates possible changes to the MCT and LICAT capital guidelines, though no firm dates or timing for such changes have been released to date.

The Ontario Superior Court of Justice (Commercial List) recently released a decision regarding a "follow the settlements" clause in a reinsurance agreement.

On December 14, 2023, the Office of the Superintendent of Financial Institutions (Canada) (OSFI) published adjustments and clarifications to the 2024 Minimum Capital Test...

In Eberhardt v Insurance Corporation of British Columbia, 2025 BCSC 1069, the Supreme Court of British Columbia considered the scope of a claimant's duty to investigate and identify an unknown owner/driver alleged to have caused an accident when they seek compensation from the Insurance Corporation of British Columbia (ICBC)

Litigation routinely involves thousands or even tens of thousands of documents. Expensive and time-consuming disputes over what must be disclosed and what is protected by privilege are commonplace.

Professional regulators are organizations that regulate professions, usually under the authority of legislation which provides jurisdiction and powers to enforce their governing legislation.