Major disaster could pose 'systemic' problem for insurance industry, warns OSFI head

financialpost.com/fp-finance/insurance/disaster-systemic-problem-insurance-industry-osfi

Canada alone among G7 in lacking mechanism for government to stabilize the insurance industry if disaster strikes Get the latest from Barbara Shecter straight to your inbox
Canada’s insurance industry is ahead of the pack when it comes to recognizing the risks from climate change but is still vulnerable to a massive disaster on the scale of the one that struck Japan in 2011,…

This story appeared on financialpost.com, .
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