Industry

What P&C may find when it goes beyond its four walls

Ignoring the successes, failures and lessons learned by other industries and not applying them within the world of property and casualty insurance is a big mistake some in the industry may be making, according to a panel of experts during a recent webinar. P&C pros need to see what strategies other industries are implementing and […]

By Adam Malik | April 30, 2021

2 min read

Trans Mountain pipeline operator wins fight to avoid naming its insurance companies

CALGARY – The Canada Energy Regulator says it has decided to grant a request by the operator of the Trans Mountain pipeline to protect the identity of its insurers in its regulatory filings. In a ruling, the federal regulator says it accepts Trans Mountain’s argument that identifying its insurers could be expected to make it […]

By Jason Contant | April 30, 2021

2 min read

Opinion: Why the specialty aviation market may soon be taking off

Last year was challenging for aviation insurers’ customers but there are many signals that it may be wheels up towards a recovery. While there is increasing demand for regional airlines, that doesn’t mean it’s clear skies for challenges. The airline sector went into a tailspin following the suspension of international travel due to COVID-19. In […]

By Adam Malik | April 29, 2021

4 min read

How insurers are faring as IFRS 17 transition looms

As the transition date for the new insurance accounting standard IFRS 17 approaches in January 2022, insurers are split on whether or not to use dedicated staff for implementation. A recent study of about 25 insurance clients of PwC found that 56% will take on IFRS (international financial reporting standards) implementation as an additional responsibility […]

By Jason Contant | April 29, 2021

4 min read