Canadian Underwriter

Topic
Markets / Coverages


News ClaimsInsuranceMarkets / Coverages

Three reasons why the hard market may drag on for years

August 12, 2020 by Greg Meckbach

Commercial clients are likely to see big price hikes at least through 2021 and the economic impact of COVID-19 is partly to blame, a Bermuda insurance executive suggests. “We saw double-digit rate increases in our Canadian specialty business,” Albert Benmichol, CEO

News Commercial LinesMarkets / Coverages

More consolidation expected in Ontario cannabis stores

August 11, 2020 Tara Deschamps - THE CANADIAN PRESS

TORONTO – More than a year after winning the chance to open one of Ontario’s first cannabis stores through a provincial lottery, Lisa Bigioni has walked away from her Niagara Falls pot shop. The store had become like a second

News Earnings / RatingsInsuranceMarkets / CoveragesRisk

Aviva Canada’s approach to navigating the economic recession

August 7, 2020 by David Gambrill

Whether or not an economic recovery in Canada is just around the corner — speculation of which is fuelled by the developments in researching a COVID-19 vaccine — Aviva Canada is committed to sticking to its three-year financial targets established

News Commercial LinesInsuranceMarkets / Coverages

Financially, which of your clients are hurting the most?

August 7, 2020 by David Gambrill

Canadian construction and real estate development companies appear to be hurting the most during the pandemic, according to bankruptcy records kept by the federal government. Twenty-seven Canadian companies have been granted creditor protection since the novel coronavirus was declared a

Feature Commercial LinesMarkets / Coverages

Briefing Note: Territories

July 13, 2020 Canadian Underwriter Staff

Nunavut and the Northwest Territories are feeling the effects of insurers pulling out of both areas. “We had Aviva Elite, who wrote probably all of the mobile homes in the Northwest Territories, discontinue writing [that line],” says Mark Harris, the

News BrokersInsuranceMarkets / Coverages

How the economic recession changed the game for Canadian brokers, insurers

June 16, 2020 by Adam Malik

The COVID-19 pandemic has pushed broker to be more than just advisors of insurance coverage — they’re offering broader financial guidance and services to their clients. Meanwhile, the economic recession resulting from the pandemic shifted the carriers’ focus towards “operational

News BrokersCatastrophesClaimsCommercial LinesEarnings / RatingsEmploymentInsuranceMarkets / CoveragesReinsuranceRisk

CU Webinar: Industry execs to discuss impact of economic recession on Canada’s P&C industry

June 12, 2020 by David Gambrill

Way back in 2020 Q1, before the world turned upside down, the Canadian property and casualty insurance results were on the rebound from a difficult prior year. But on Mar. 11, 2020, the World Health Organization declared the novel coronavirus

Webinars BrokersClaimsLegalLegislation / RegulationMarkets / CoveragesRiskTechnology

Covid-19 Webinar (Part 2): Cyber Security in a Remote World

May 12, 2020 by Canadian Underwriter

To view Canadian Underwriter’s full webinar series, please fill in the following information for immediate access: Webinar Access Name* First Last Email* Zip/Postal Code*Phone*Organization*Job Title*What is the business of the organization you work for?*Choose One…Independent Insurance BrokerageInsurance AgencyManaging General AgentInsurer

Webinars AssociationsBrokersMarkets / CoveragesTechnology

Covid-19 Webinar (Part 1): Business Continuity in the Digital Age

May 12, 2020 by Canadian Underwriter

To view Canadian Underwriter’s full webinar series, please fill in the following information for immediate access: Webinar Access Name* First Last Email* Zip/Postal Code*Phone*Organization*Job Title*What is the business of the organization you work for?*Choose One…Independent Insurance BrokerageInsurance AgencyManaging General AgentInsurer

News Markets / Coverages

Canada now in a recession: C.D. Howe council

May 1, 2020 THE CANADIAN PRESS

TORONTO – The C.D. Howe Institute’s Business Cycle Council says Canada has entered a recession due to the economic devastation caused by the COVID-19 pandemic. In a report released Friday, the council said the economy peaked in February before the

News ClaimsClaims CanadaInsuranceMarkets / Coverages

Wimbledon cancellation could ‘change the entire way of looking at insurance’: Broker

April 30, 2020 by Greg Meckbach

The cancellation of the Wimbledon tennis tournament, and the associated nine-figure insurance payout, is going to change the way the industry offers pandemic coverage, a Canadian commercial broker suggests. A report by Britain-based GlobalData says the Wimbledon organizer paid for

News BrokersCatastrophesClaimsCommercial LinesInsuranceMarkets / Coverages

How brokers can protect themselves from lawsuits during COVID-19

April 28, 2020 by David Gambrill

Broker advice and advocacy are shining brilliantly during the days of the global pandemic, with insurer products, coverage options and consumer relief packages in a constant state of flux. Many in the P&C industry have noted that broker value has