Canadian Underwriter

Keyword
Aviva Canada

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The line that drove Aviva Canada’s 2022 Q1 premium growth

May 20, 2022 by David Gambrill

Commercial lines premiums at Aviva Canada grew by 17% in 2022 Q1 (13% at constant currency), according to the company’s quarterly financial results. “Sixty per cent of the growth overall [in commercial lines] is coming from rate and about 40%

Close-up Of Wooden Blocks With Risk Word In Front Of Businessperson's Hand Holding Magnifying Glass
News Risk

Aviva reveals Top 5 risks facing Canadian businesses

March 10, 2022 by Alyssa DiSabatino

Public health events proved to be the top threat across the board for Canadian businesses in 2021 – and most businesses plan to review their insurance policies in the next year, new research shows.   Cybersecurity incidents, the health and mental well-being

Construction crane in downtown Vancouver
News Insurance

Where Aviva Canada CEO sees commercial and auto lines heading

March 2, 2022 by Jason Contant

Pressures on commercial insurance rates will continue for the near future, but there will still be opportunities to write new business, says Jason Storah, CEO of Aviva Canada. As for auto lines, it remains to be seen how driving levels

winterization
News Insurance

Why brokers and lifestyle customers should already be thinking about winterization

August 26, 2021 Canadian Underwriter

Even though summer is not yet over, customers with motorhomes, watercraft, trailers, and cottages should already start thinking about fall and winter. In recent years, more people have taken an interest in lifestyle products, notably the younger demographic, with many

home insurance and mortgage
News Insurance

Hub to acquire Aviva Canada subsidiary

August 24, 2021 by Jason Contant

Hub International Limited announced Tuesday it has signed a purchase agreement to acquire the Aviva Canada subsidiary that provides new home warranty in British Columbia and Alberta. The terms of the acquisition of National Home Warranty Group Inc. were not

News Insurance

What separates cottage thefts from city thefts

August 19, 2021 Canadian Underwriter

With provinces across Canada lifting mobility restrictions, one survey by InsuranceHotline.com shows that 23% of Canadians are ready for a getaway — perhaps to the cabin near trees, beaches and the lake. But some cottagers may be in for a

News Insurance

How Aviva Canada fared in the first half of 2021 

August 12, 2021 by Jason Contant

A lack of catastrophic events in the first half of 2021 and decreased personal auto and commercial claims related to COVID-19 contributed to a 6.7% improvement in Aviva Canada’s combined operating ratio (COR) in the first half of 2021 compared

News Insurance

Address misrepresentation a ‘growing problem’: Aviva Canada exec

July 30, 2021 Canadian Underwriter Staff

Aviva Canada is reporting a spike in insurance claims that involve misrepresented addresses, leading one executive to call for greater awareness around the issue. According to chief claims officer Bryant Vernon, Aviva Canada data shows a 9.1% increase in Ontario

News Insurance

Why avid cottagers should consider standalone coverage

July 29, 2021 Canadian Underwriter

Avid cottage enthusiasts may benefit from some of the “bells and whistles” offered in a standalone policy, as opposed to simply attaching their recreational homes to existing homeowner policies, according to a lifestyle insurance expert at Aviva Canada. Benefits of

Back to the office with COVID precautions
News Insurance

How a return to work changed the approach of this Top 5 insurer

June 25, 2021 by Jason Contant

Aviva Canada is taking a deliberate and measured approach to change initiatives in the second half of the year, with the understanding the next few months and the looming return to the office will be a stressful time for employees.

Lumber yard
News Insurance

Aviva Canada exec predicts how long supply chain pressures will last

June 24, 2021 by Jason Contant

A supply chain bubble that is putting pressure on the Canadian P&C insurance industry should burst within a year or two and it’s just a matter of riding it out, an Aviva Canada claims executive suggested during a virtual fireside

News AnnouncementsAppointmentsInsurance

Former Aviva Canada leader to head up Allianz Holdings plc

May 26, 2021 by David Gambrill

Allianz Holdings plc has named Colm Holmes, currently CEO of Aviva General Insurance in the United Kingdom, as its new CEO, effective at the end of November 2021. Holmes will be a familiar name to anyone who had dealings with