Canadian Underwriter

Keyword
Caisse de dépôt et placement du Québec

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

BFL Canada receives capital injection from Quebec pension fund manager

June 28, 2018 by David Gambrill

La Caisse de dépôt et placement du Québec (CDPQ), a Quebec pension fund manager, has acquired a 20 per cent minority interest in BFL Canada, one of the largest commercial insurance brokers in Canada. The investment will help BFL Canada,

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Hyperion deal shows pension fund to be bullish on insurance

December 7, 2017 by Canadian Underwriter

With its fourth major insurance acquisition in 18 months, the manager of Quebec’s public pension funds was looking for exposure to markets in Asia and Latin America, a Caisse de dépôt et placement du Québec spokesman told Canadian Underwriter Wednesday.

News Climate ChangeInsuranceMarkets / CoveragesProfessional Development

Task Force on Climate-related Financial Disclosures recommends organizations provide such disclosures in public annual filings

July 4, 2017 by Canadian Underwriter

The Task Force on Climate-related Financial Disclosures (TFCD) has recommended that organizations provide such disclosures in their mainstream (public) annual financial filings, among other recommendations. TFCD released on June 29 its final report, saying that the task force “believes climate-related

News InsuranceMergers and Aqcuisitions

Insurance-related M&A activity explodes, insurance company moves in Canada high: OPTIS Partners

April 13, 2017 by Canadian Underwriter

OPTIS Partners has likened recent mergers and acquisitions (M&A) activity among U.S. and Canadian agencies selling p&c insurance and employee benefits to an explosion, with the 178 reported transactions in 2017 Q1 dwarfing the 115 deals in the prior-year quarter.

News Insurance

Caisse de dépôt et placement du Québec to buy stake in commercial brokerage USI from Onex

March 17, 2017 by Canadian Underwriter

Toronto-based Onex Corp. is selling its stake in one of the world’s largest commercial brokerages, USI Insurance Services LLC, to Caisse de dépôt et placement du Québec and other buyers. Valhalla, N.Y.-based USI placed 11th worldwide in an earlier ranking