Keyword
commercial lines
Toronto brokerage RRJ Insurance Group purchases Topping Insurance Brokers; office will remain in Peterborough
May 12, 2016 by Canadian UnderwriterToronto-based RRJ Insurance Group Ltd. has announced the purchase of Peterborough, Ont.-based Topping Insurance Brokers Ltd. The RRJ Insurance Group said in a press release issued on Thursday that the purchase was effective May 2. The office is located at…
Economical Insurance combined ratio down 4.6 points in first quarter of 2016
May 10, 2016 by Canadian UnderwriterEconomical Insurance has reported a combined ratio of 101.1% in the first quarter of 2016 ending March 31, down 4.6 percentage points from the Q1 2015 combined ratio of 105.7%. Waterloo, Ont.-based Economical Insurance’s gross written premiums were up by…
P&C industry in the U.S. marks third consecutive underwriting gain, but surplus declines on investment results: A.M. Best
May 9, 2016 by Canadian UnderwriterThe property and casualty industry in the United States marked a third consecutive year of underwriting profitability, with US$6.2 billion in underwriting income in 2015, according to an A.M. Best Company special report released on Friday. However, the lower level…
Arthur J. Gallagher acquires Winnipeg brokerage B.R. Rhymer Insurance Agencies
May 6, 2016 by Jason ContantArthur J. Gallagher (AJG) has announced the acquisition of B.R. Rhymer Insurance Agencies Ltd., a personal and commercial lines broker located on Pembina Highway in Winnipeg, Manitoba. AJG, the international division of Arthur J. Gallagher & Co. outside of the…