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… – Guideline (2025) Reinsurance is an important risk management tool that can be used by an insurer to reduce … to implement effectively. Inadequate reinsurance risk management practices and procedures can materially affect an … with respect to ensuring effective oversight and risk management policies and procedures in relation with the …

… 1 – External Audit footnote 1 referrer Table 2 – Senior Management Attestation and Review Table 2 - Senior Management Attestation and Review footnote 1 Industry … Quarterly beginning fiscal 2024 Table 2 - Senior Management Attestation and Review footnotes Table 2 - Senior …

… This implementation note elaborates on the data management requirements for institutions Banks and bank … ratings, rating migration, default, and collateral. Data management and timely execution of underlying information … of expectations on the data maintenance (or generic “data management”) process itself. This note provides general …

… refer to supplementary information such as policies, risk management frameworks, and processes in appendices. Executive … 1” calculation; the adequacy of the institution’s risk management processes the interconnectedness of financial, … of capital adequacy and the integration with risk management and decision-making processes; whether the …

… of capital; quality or strength of the insurer's capital management policy, including its capital management processes; and effectiveness of oversight with respect to the insurer's capital management processes. Capital considerations should include …

… identification, measurement of climate-related risk, and management of these risks. Many respondents believe OSFI has … climate-related risks through existing governance and risk management frameworks and new tools such as climate-related … early stages of development; Existing governance and risk management frameworks and practices could address …

… from a traditional mortgage and which may have unique risk management requirements. These include loans with “combined” … Background Guideline B-20 defines and sets out OSFI’s risk management expectations for home equity lines of credit … of this equivalent treatment is to extend heightened risk management expectations in the Guideline to other innovative …

… the description of best practices in earthquake exposure management; Increase OSFI’s flexibility in the collection of … current guideline to remain, given the importance of risk management in supporting a safe and sound Canadian financial … guideline, a revised guideline would: enhance insurers’ management of earthquake exposure; reflect up-to-date …

… that replace OSFI’s Board expectations contained in risk management and capital guidelines and advisories. As a … – Changes to the Membership of the Board and Senior Management , and revised its Assessment Criteria to align … requested that OSFI define certain terms (i.e., Senior Management, Operational Management, and Oversight Functions) …

… the scope of the ORSA, its relation to enterprise risk management, the role of Senior Management Footnote 4 and other participants in performing, … and considerations about the identification, assessment, management and other aspects of risk, insurers may also …

… the description of best practices in earthquake exposure management; Increase OSFI’s flexibility in the collection of … together with the earthquake exposure risk management policy, prior to January 1, 2014. When a … also file an approved copy of its earthquake exposure risk management policy with its designated OSFI Relationship …

… the importance and priority given to reputation risk management continues to grow. Organizations are recognizing the benefits of having sound reputation risk management practices as well as the negative consequences … procedures. Last year, OSFI reviewed the reputation risk management practices in certain product lines at selected …

… Process The Office expects companies to follow sound risk management practices in the context of commercial lending … capital position, a consistently sound record of credit management based on a significant volume of commercial … their commercial lending business plan, their credit risk management programs, their credit granting and monitoring …