Insights By AXA XL

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Fostering Resilience: The Crucial Role of Trust in Your Insurance Partner

With its vast expanse of nearly 10 million square kilometers (3.9 million square miles), Canada stands as the world’s second-largest country by land area. It boasts a multitude of diverse industries, each brimming with unique risks, spanning across every province and territory. From commercial banks in Ontario, to energy operations in Alberta and Quebec, to […]

December 1, 2023

3 min read

Diverse risk management strategies are key to match Canada’s diverse economy

Having spent the past few months traveling across the country to, at last, meet in person with our team and clients and brokers, I was amazed not just by the beauty of the landscape and the warmth of the people, but by the vast diversity of the Canadian economy. Aside from the captivating cultural experiences […]

November 1, 2022

3 min read

Northern Exposure: even in hard times, the Canada insurance market is heating up

For the global insurance industry, Canada offers a unique opportunity from a legal, regulatory, and economic perspective. AXA XL’s newest Country Manager for Canada talks about how the market is becoming a favourable frontier for growth and innovation.   Climate, supply chain, cyber, political -– just a few of the emerging risks that many organizations […]

August 16, 2021

5 min read

“Dark Clouds on the Horizon” The Impact of Nuclear Verdicts on Canadian liability insurance

It is widely acknowledged that the United States has a more litigious environment than Canada.  However, the rise of recent jury awards in the United States, dubbed “nuclear verdicts”, will have a greater impact on Canadian companies that operate in the United States. In the 5-year period from 2014 to 2018, the median value of […]

June 8, 2020

4 min read