Keyword
Caisse de dépôt et placement du Québec
BFL Canada receives capital injection from Quebec pension fund manager
June 28, 2018 by David GambrillLa 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,…
Hyperion deal shows pension fund to be bullish on insurance
December 7, 2017 by Canadian UnderwriterWith 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.…
Task Force on Climate-related Financial Disclosures recommends organizations provide such disclosures in public annual filings
July 4, 2017 by Canadian UnderwriterThe 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…
Insurance-related M&A activity explodes, insurance company moves in Canada high: OPTIS Partners
April 13, 2017 by Canadian UnderwriterOPTIS 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.…
Caisse de dépôt et placement du Québec to buy stake in commercial brokerage USI from Onex
March 17, 2017 by Canadian UnderwriterToronto-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…