TERMIUM Plus®

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LEGAL LIFE INVESTMENT [2 records]

Record 1 2018-07-12

English

Subject field(s)
  • Occupation Names (General)
  • Actuarial Practice
  • Life Insurance
CONT

Most traditional actuarial disciplines fall into two main categories :life and non-life. Life actuaries, which include health and pension actuaries, primarily deal with mortality risk, morbidity risk, and investment risk. Products prominent in their work include life insurance, annuities, pensions, short and long term disability insurance, health insurance, health savings accounts, and long-term care insurance... Non-life actuaries, also known as property and casualty or general insurance actuaries, deal with both physical and legal risks that affect people or their property.

French

Domaine(s)
  • Désignations des emplois (Généralités)
  • Actuariat
  • Assurance sur la vie

Spanish

Save record 1

Record 2 1991-11-12

English

Subject field(s)
  • Investment
  • Insurance
CONT

Elimination of qualitative standards could have an impact on the structure of institutional investment in securities markets because "legal for life" list would be gone. This would affect both trust and insurance companies.

OBS

An investment that a life insurance company is permitted to make. It is included on the Department of Insurance’s list of eligible securities.

OBS

Information provided by the Department of Insurance Canada, Ottawa.

French

Domaine(s)
  • Investissements et placements
  • Assurances
CONT

Une lettre sur les placements admissibles est une lettre dans laquelle le vérificateur fournit au conseiller juridique une assurance à l'égard de certains montants ou ratios financiers particuliers. Cette assurance "aide" le conseiller juridique qui doit déclarer dans le prospectus que les valeurs offertes constituent des placements dans lesquels une société enregistrée ou inscrite au sens de la Loi sur les compagnies d'assurance canadiennes et britanniques (Canada) et d'un certain nombre d'autres lois fédérales et provinciales peut investir ses fonds.

OBS

"placement admissible et vertu de la Loi sur les compagnies d'assurance canadiennes et britanniques" : expression fournie par l'Institut canadien des valeurs mobilières (Montréal).

Spanish

Save record 2

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