Latest News > AMF's annual report on financial institutions

AMF's annual report on financial institutions

posted on October 9, 2014

Quebec's Autorité des marchés financiers (AMF) recently issued its annual report on institutions. Here are some highlights

  • As regards the P&C insurance sector, the overall financial situation is very sound. With a 253% solvency ratio and a clear uptrend in property insurance premiums, insurers continued to consolidate their positions in the face of various issues, including the growing challenges of natural disasters and climate change-related claims.
  • Automobile insurance: direct insurers dominate the Quebec market with a 56% share of the total written premiums, compared with 44% for insurance brokers.

Consult a PDF version of the report.