Industry
Definity Financial Corporation is maintaining its goal of becoming a Top 5 insurance company through organic growth and M&A activity,
By Jason Contant | September 13, 2022
3 min read
The Top 10 property and casualty insurance companies control 71.9% of market premium, up from about 64% just one year ago.
By Jason Contant | September 12, 2022
The four represent more than 50 years of combined experience in operating and running insurance brokerages across Ontario.
By Jason Contant | September 9, 2022
But of the 5000 health care providers licensed by FSRA, this is a “nominal number”, Biata Morris, senior manager, market conduct - health service providers at FSRA tells Canadian Underwriter.
By Alyssa DiSabatino | September 9, 2022
Supply chain restructuring could generate $33 billion in new global commercial P&C insurance premiums over the next four years.
By David Gambrill | September 9, 2022
VANCOUVER – Haze from wildfires burning in Washington state, Idaho and the British Columbia Interior is expected to create smoky skies across much of southern B.C. over the weekend. Environment Canada has posted air-quality statements for the Fraser Valley and a large section of southeastern B.C., while haze is also expected across Metro Vancouver on […]
2 min read
By Claude Comtois, Professeur emerite de geographie, Universite de Montreal – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. When compared to other major river navigation routes around the world, the […]
By Jason Contant | September 8, 2022
6 min read
Westland Insurance has entered a new industry vertical and the U.S. market for the first time with the acquisition of Front Row Insurance Brokers Inc., one of the largest and most respected film and entertainment insurance brokers in North America.
Good overall underwriting results and solid risk-adjusted capitalization left the industry in a resilient position in 2021, despite the headwinds Canada’s P&C industry has faced in the last two-and-a-half years, according to AM Best’s Canada Market Segment Report. Headwinds the industry faces include equity market declines, inflation, weather-related concerns, supply chain imbalances, broker consolidation and […]
By Alyssa DiSabatino | September 8, 2022
OTTAWA – The Bank of Canada raised its key interest rate by three-quarters of a percentage point Wednesday and signalled this won’t be the last increase as it continues its battle against high inflation. The rate hike was in line with what many economists were expecting and brings the bank’s key rate target to 3.25 […]
By Jason Contant | September 7, 2022
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