Should Pensioners Trump Creditors?
- OSFI sticks to its principles. Gambrill, David // Canadian Underwriter;May2010, Vol. 77 Issue 5, p6
The author discusses the stance of Canada's Office of the Superintendent of Financial Institutions (OSFI) to hold on to its principles-based approach to regulation. He states that OSFI has ignored pressures to adopt international standards, and Canada has gone through the global financial crisis...
- INSURERS' 2009 RESULTS NOT INDICATIVE OF COMPLETE FINANCIAL RECOVERY: OSFI. // Canadian Underwriter;Nov2010, Vol. 77 Issue 11, p8
The article reports on the operating results of Canada's federally licensed property and casualty insurers which is lower in 2009 and 2010 compared to immediately preceding years, according to the Office of the Superintendent of Financial Institutions based on its report, "The Importance of...
- AUTO LOSS RATIOS IMPROVE IN 2011 Q3, BUT PROPERTY LINES LOSS RATIOS DETERIORATE. // Canadian Underwriter;Dec2011, Vol. 78 Issue 12, p8
The article discusses a report released by the Office of the Superintendent of Financial Institutions (OSFI) which revealed the improvement in the automobile personal accident lines in the third quarter of 2011.
- OSFI Official: Stop Rate Drops. // American Banker;9/27/2011, Vol. 176 Issue 149, p10
The article focuses on a warning by Julie Dickson, head of Canada's Office of the Superintendent of Financial Institutions, that financial institutions should not loosen historic underwriting standards by lowering interest rates further to encourage additional borrowing by consumers.
- Canada's Capital Model Draws Global Interest. // American Banker;11/23/2011, Vol. 176 Issue 181, p9
The article reports on Canada's Office of the Superintendent of Financial Institutions' capital model for its banking industry that implements rules for nonviability contingent capital (NVCC) debt.
- Air Canada seeks debt protection. // Travel Trade Gazette UK & Ireland;4/7/2003, Issue 2558, p8
Reports that Air Canada Ltd. filed for Chapter 11 bankruptcy protection from creditors. Attempt of Air Canada to reshape the airline; Failure of the cost-cutting negotiations with pilots and unions; Amount of the debt of Air Canada.
- Crisis hits Air Canada. Clarke, Michael // Travel Weekly: The Choice of Travel Professionals;4/7/2003, Issue 1662, p2
Reports on factors contributing to Air Canada Ltd's filing for Companies' Creditors Arrangement Act, which mirrors U.S. Chapter bankruptcy protection. September 11 terrorist attacks; Global financial downturn; War in Iraq.
- Air Canada's Case Exposes Vagaries Of Bankruptcy Code. Melnitzer, Julius // Corporate Legal Times;Sep2003, Vol. 13 Issue 142, p38
Reports on the filing for bankruptcy by Air Canada under the Companies' Creditors Arrangement Act in the U.S. Provisions of the Chapter 11 of the U.S. Bankruptcy Code; Deposition of important assets and debtor-in-possession lending; Aspects of asset management. INSET: At A Glance: The...
- Bank regulators revises its approach to supervision. // Canadian Banker;Sep/Oct99, Vol. 106 Issue 5, p7
Provides information on the revision of the supervisory approach of Canada's Office of the Superintendent of Financial Institutions. Focus of the revised approach; Implication of the revision.