Keyword
Zurich Insurance
Cyberattacks, asset bubble risks top Canadian business worries: World Economic Forum survey
September 22, 2017 by Canadian UnderwriterCyberattacks and asset bubble risks top the list of worries for Canadian businesses, according to new survey data from the World Economic Forum (WEF). The data – released earlier this week and published by the strategic partners of WEF’s Global…
North American combined ratio up 2.2 points for Zurich Insurance
May 14, 2017 by Canadian UnderwriterZurich Insurance Company Ltd. recently reported a 2.2-point deterioration in its first-quarter combined ratio in property and casualty insurance in North America, while the worldwide combined ratio increased 3.4 points, due in part to a recent change in the way…
Blockchain technology a source of both disruption and opportunity for insurers: Novarica
November 21, 2016 by Canadian UnderwriterBlockchain technology will be a source of both disruption and opportunity for insurers, according to a new report from Boston-based research and advisory firm Novarica. In its latest executive brief, released on Monday, Novarica predicted that the technology would have…
Global commercial insurers operating in Canada join forces to form new association
July 18, 2016 by Canadian UnderwriterA number of foreign-owned commercial insurers operating in Canada have come together to form the Global Commercial Insurers Association (GCIA). The Toronto-based association will provide a platform through which foreign-owned commercial insurance carriers can become informed of current regulatory developments…
Fairfax Financial agrees to buy Zurich’s South Africa and Botswana insurance operations
July 8, 2016 by Canadian UnderwriterFairfax Financial Holdings Ltd., the Toronto-based parent company of Northbridge Insurance and OdysseyRe, recently announced it has agreed to acquire Zurich Insurance Company Ltd.’s South African and Botswana operations. The proposed acquisition of Zurich Insurance Company South Africa Limited (ZICSA)…
Bates Revisited
May 1, 2016 Daniel Strigberger, Partner; and Jenna Meth, Lawyer, Samis + CompanyIn the early 1990s, the Supreme Court of Canada found there were no practical alternatives – as of 1983 – to rating auto policyholders on the grounds of age, sex and marital status. But would today’s telematics products, which detect acceleration, braking, and cornering, help provide such alternatives?