Risk

What’s New: In Brief (November 14, 2006)

Hub International Limited (NYSE: HBG) (TSX: HBG) has appointed John P. Graham, 41, to the position of vice-president and CFO.Graham replaces Dennis J. Pauls, who has been named president and CEO of Hub Ontario, the company’s regional hub headquartered in Toronto.Graham brings nearly 20 years of public company and public accounting experience to Hub International. […]

By Canadian Underwriter | November 14, 2006

2 min read

2005 premium growth for non-U.S. captives declines

An A.M. Best survey suggests growth in 2005 slowed down for rated, non-U.S. captives. The A.M. Best study looked at 30 captives — some U.S.-owned, others not — domiciled in various foreign territories, although the majority of the study’s members were domiciled in Bermuda and the Cayman Islands.All of the group’s members are described as […]

By Canadian Underwriter | November 13, 2006

2 min read

EGI Financial sees 2006 Q3 growth in niche products division

EGI Financial Holdings Inc. (TSX:EFH) has announced a “very strong performance” in its 2006 Q3 underwriting business, driving a 170% improvement in quarterly earnings per share.In 2006 Q3, EGI Financial continued to show strong growth in its niche products division, the company announced in a press release.”This growth, combined with the addition of the Ontario […]

By Canadian Underwriter | November 8, 2006

1 min read

Aon 2006 Q3 profit down; organic revenue growth up

Aon Corporation (NYSE: AOC) has reported a 2006 Q3 net income of US$106 million, compared to $122 million during the same period last year.The company’s risk and insurance brokerage services revenue increased 5%, to US$1.3 billion, with organic revenue growth of 3%. The company’s overall organic growth was led by the reinsurance division’s organic revenue […]

By Canadian Underwriter | November 2, 2006

1 min read