Improving Solvency Supervision of Insurance Companies in Ontario

The Financial Services Commission of Ontario (FSCO) released a consultation paper on May 8, 2012, entitled "Improving Solvency Supervision of Insurers in Ontario".  The consultation ended on July 9, 2012.

 

The proposed solvency reforms align with the March 2012 Budget announcement to enhance the effectiveness of FSCO’s regulation of the insurance sector and improve the solvency supervision of Ontario insurers.