Industry

Former RSA exec Ince joins major Canadian P&C mutual

After a 25-year stint at RSA Canada, Donna Ince has joined Economical Insurance as vice president, personal insurance, regional operations. Ince joined Economical Monday, a spokesperson for Waterloo, Ont.-based Economical told Canadian Underwriter Tuesday. Ince worked at RSA Canada until October 2020, most recently as senior vice president, personal insurance. She was RSA Canada’s executive […]

By Greg Meckbach | May 4, 2021

2 min read

What OSFI expects from insurers before IFRS 17 comes into effect

Canada’s federal solvency regulator is expecting high-quality submissions from property and casualty insurers for the last comprehensive “public quiz” before the IFRS 17 insurance accounting standard goes live on Jan. 1, 2023. Tara-Lea Herkert, director of the capital division of the Office of the Superintendent of Financial Institutions (OSFI), said the regulator wants a better […]

By Jason Contant | May 4, 2021

3 min read

Canada’s April vehicle sales up 254% from last year’s pandemic low

TORONTO – Canadian auto sales in April were up 254 per cent compared with the same month last year, when sales plunged due to lockdowns in the early stages of the COVID-19 pandemic. According to estimates compiled by DesRosiers Automotive Consultants, Canadian auto sales totalled 162,455 units last month, up from just 45,833 units in […]

By Jason Contant | May 4, 2021

1 min read

Why invest in the health and wellness of my team?

This past year has tested everyone’s resilience, positivity, patience and productivity. Most have had to work differently – at home, balancing the kids, home cooking and virtual meetings. It is understandable that some people’s overall wellness may have suffered. Gyms are closed and we no longer have the walk across the office to get that […]

May 4, 2021

4 min read