Finest’s Market Phase Report: Canada’s Property/Casualty Insurance coverage Phase Resilient In opposition to Pandemic; Life/Annuity Outlook Again to Steady

OLDWICK, N.J.–(BUSINESS WIRE)–Canada insurance coverage firms’ capability to soak up the volatility brought on by the pandemic has led AM Finest to take care of its secure outlook on the nation’s property/casualty phase and revise its life/annuity outlook again to secure from unfavorable. Moreover, in line with AM Finest’s annual overview of Canada’s insurance coverage business, short- to medium-term financial prospects are optimistic, with authorities measures more likely to cushion any future jolts.

In its new Finest’s Market Phase Report, titled, “Canada Insurance coverage: P/C Phase Stays Resilient, L/A Phase Outlook Turns to Steady,” AM Finest states

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