Industrie des assurances multirisques is a essential part of the Canadian economy, covering up all facets of risk management and reassurance. Their range of products and services cover many different hazards and insurance products, which include assurance-vie and assurance-maladie. However , you will discover differences regarding the two types of assurance policies.
The assurances multirisques sector can be regulated by federal and provincial governments. About three-quarters of the industry is governed by government-owned companies, even though eight percent is operated by offshore insurers. Companies must meet up with capital and specialized requirements to supply their products and services in Canada. Besides, foreign-owned additional resources insurance firms are required to get the approval of provincial regulators before providing their products in Canada.