Worldwide: Insurance

In Emond v Trillium Mutual Insurance Co, the Supreme Court of Canada confirmed that exclusion clauses should not be applied in a way that would nullify the insurance coverage purchased, even when the provision's language...

During the first 30 days of a claim, the power of good communication between the claimants' lawyers and adjusters cannot be overstated

When an insurance policy is drafted in clear and unequivocal terms, courts must apply it with full force and refrain from neutralizing its exclusions through the rules of contractual interpretation.

Over the past decade, Jamaica has built a multi-layered financial protection system to manage natural disasters. This strategy is now being tested after Hurricane Melissa devastated the island, causing widespread destruction to homes, roads, and infrastructure.

The remaining Phase of OSFI's review of reinsurance contemplates possible changes to the MCT and LICAT capital guidelines, though no firm dates or timing for such changes have been released to date.

As anticipated in our 2024 Year in Review, there were several developments in the regulation of the insurance sector in Canada in 2025.