AM Best to Present Canada Insurance Market Analysis, Highlight Best’s Performance Assessments at Annual Briefing in Toronto

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will host an insurance market briefing on the state of Canada’s insurance industry at the Sheraton Centre Toronto on Friday, Sept. 9, 2022.

During the half-day event, AM Best analysts will deliver market insights and present overviews of Canada’s main insurance sectors. Analysts also will explore emerging issues for carriers and hot topics at this complimentary annual event.

To register for AM Best’s Canada Insurance Market Briefing - Toronto, please go to www.ambest.com/conferences/regimbcanada2022/index.html

Sessions during the event include:

• AM Best's Canadian Market Outlooks: 2022 is proving to be a challenging year as a strong economic recovery and consumer demand, along with easy monetary policies, have led to increased inflation and rising interest rates. AM Best analysts will provide an economic overview, as well as analysis of the performance of Canadian property/casualty and life/annuity lines of business with outlooks for the coming year;
• The Growing Role of Delegated Underwriting: AM Best Senior Director Greg Williams will lead a discussion on the Best's Performance Assessment for delegated underwriting authority enterprises (DUAE), which was launched in early 2022. DUAEs such as managing general agents have become an important part of the insurance value chain, with premiums having doubled globally over the last decade. Williams will explain how the Best's Performance Assessment provides insight to market participants contemplating a partnership with a DUAE, and present recent findings and other market insights; and
• Canada 2022 Hot Topics Panel Discussion: George Longo, president & CEO, Excess Underwriting, and Ron Stokes, managing partner, E&Y Financial Services, will join a panel with AM Best participants to look at leading industry topics, such as the adequacy of cyber coverages, mergers and acquisitions, IFRS 17, managing general agents and environmental, social and governance practices.

The event begins at 8 a.m. EDT with a continental breakfast and registration, followed by the start of the sessions at 9 a.m. The event will conclude with a networking lunch for attendees to connect with AM Best and other industry professionals. To view the agenda and register, please visit http://www.ambest.com/conferences/imbcanada2022.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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