ID
2022-008

Type
Supervision
Sector
Property and Casualty, and General Insurance
Status
Open
Date
Comment Due Date

Summary

FSRA is introducing Insurance Prudential Supervisory Framework Guidance (“IPSF Guidance”) to set out FSRA’s processes for assessing Ontario’s provincially incorporated insurers to better protect policyholders and consumers.

This framework will allow FSRA to assess provincially incorporated insurance companies’ overall risk profile, identify areas of concern, and determine the level of supervision and intervention needed.

FSRA consulted with the the Technical Advisory Committee for Insurance Prudential Regulation and Supervision and thanks the Committee for their input.

FSRA is publishing the proposed Guidance for comment on its website. FSRA invites feedback until September 6, 2022.

Participate

The public consultation period is open from July 5, 2022 – September 6, 2022.

Review the proposed Guidance and provide your comments by selecting submit a comment or ask a question.

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