OSFI finalizes new IFRS 18 templates for insurers - Insurance Business

OSFI flagged the climate mortgage risk that insurance insiders are now warning about Canada’s banking and insurance regulator has already identified the risk that a group of senior insurance executives raised earlier today.

Insurance and guarantees made up 14% of concessional support, but projects still have to be able to pay their own way Blended finance will not close the climate funding gap in emerging markets on credit enhancement alone, according to a new Moody’s Ratings report, which says deals scale only when projects progressively become commercially viable. Insurers appear on both sides of that equation, as providers of credit and political risk cover that makes deals investable and as buyers of the bonds that let them scale.

Large hail and wind drove the losses, as a run of 2026 events pushes Ontario catastrophe claims higher The severe storms that hit southern Ontario on September 2 and 3 caused an estimated $563 million in insured losses, according to Catastrophe Indices and Quantification Inc. (CatIQ).