Industry
Munich Re Canada president and CEO Klaus Wilkens will join Insurance Bureau of Canada’s board of directors, the association announced Wednesday. Wilkens was appointed president and CEO of Munich Reinsurance Company of Canada and Temple Insurance in April 2024. He’s been with the company for nearly 30 years, since he first joined as a casualty […]
By Alyssa DiSabatino | August 8, 2024
1 min read
Claims
Canada’s auto insurers are calling on governments to tighten up loopholes allowing car thieves to give stolen cars new VIN numbers.
By David Gambrill | August 8, 2024
4 min read
While 2023’s year-end results were largely good news for Canada’s P&C insurers, even those seeing good annual earnings have reasons to stress.
By Phil | August 8, 2024
JASPER, Alta. — Officials from Parks Canada say crews are making good progress on tackling the wildfire in Jasper National Park but expect some firefighting to continue into the fall. During a virtual press conference Tuesday, agency incident commander Landon Shepherd told reporters rain has helped firefighters battle the blaze that burned into the Jasper […]
By David Gambrill | August 7, 2024
3 min read
Back to School is on the horizon, so it's a good time for insurance brokers to refresh clients on driving and speed safety in school zones
By Phil | August 7, 2024
Financial services companies in Canada may find themselves short a few million dollars if they ever experience data breaches.
By Alyssa DiSabatino | August 7, 2024
2 min read
CALGARY — Parts of the domestic terminal building at the Calgary airport are closed due to damage caused by hail and heavy rainfall. The Calgary International Airport said in a post on social media the work has started to clean up the water and assess the damage. However, parts of the domestic terminal will remain […]
By David Gambrill | August 6, 2024
Though it anticipates significant losses from July’s two major Cat events, Intact remains “comfortable” with its full year catastrophe loss estimate of $900 million.
By Alyssa DiSabatino | August 6, 2024
Hurricane Debby is forecast to hit between Quebec and the Maritimes in Canada as a post-tropical storm by Saturday.
Canada's P&C insurance industry is struggling to make sense of how reporting under IFRS-17 makes results incomparable.
By Phil | August 6, 2024
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