Industry News

Investors grade Fed chair’s performance

A significant number of U.S. investors think that U.S. Federal Reserve Chair Ben Bernanke performance has been “only fair” since he was appointed last fall. According to a UBS Investment/Gallup poll conducted last month, 39% of investors questioned rated Bernanke’s performance as fair, while 32% felt he was doing a good job. However, around 23% […]

By Doug Watt |July 4, 2006

2 min read

Understanding insurance: Survey results reveal troubling trend

Like beauty, statistics — and their significance — may lie in the eye of the beholder — or those of the insurance practitioner when reviewing a recent survey conducted for Guelph-based insurer the Cooperators Group. According to the survey, 66% of Canadians find insurance “difficult to understand” while 63% feel “unsure how premiums are calculated.” […]

By Al Emid |July 4, 2006

3 min read

Briefly:

(June 30, 2006) Federal Finance Minister Jim Flaherty has confirmed the appointment of Bryan Davies as chair of the Canada Deposit Insurance Corporation. Davies, the former head of FSCO, Ontario’s insurance regulator, will serve a five-year term as CDIC chair. “With his tremendous experience in the financial sector as a supervisor and policy-maker, and as […]

By Staff |June 30, 2006

3 min read

What to expect from your new SRO

With its new ability to focus strictly on regulation, many IDA members might well be wondering what direction the industry’s self-regulatory organization will take and what systems will be overhauled, particularly in the wake of the proposed merger with Market Regulation Services (RS). In one of his last speeches at president and CEO of the […]

By Kate McCaffery |June 30, 2006

3 min read