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Munich Re’s global growth target in 2023

February 27, 2023 by Alyssa DiSabatino

Munich Re is aiming for a profit of 4 billion euros (Cdn$5.8 billion) in 2023. The global reinsurer posted a profit of 3.4 billion euros (approximately Cdn$4.9 billion) in 2022. Its gross premiums written amount to 67 million euros (Cdn$96.5

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Weaker inflation slows to 1.3%, could weigh on Bank of Canada’s rate decision

June 23, 2017 Andy Blatchford - THE CANADIAN PRESS

OTTAWA – Steps by the Bank of Canada to prepare the country for an eventual interest rate hike are bumping up against an inflation rate that has eased up on the accelerator. Weaker year-over-year growth in gasoline prices last month

News InsuranceTechnology

Canadian CEOs view disruption as an opportunity, report disrupting their sectors: KPMG study

June 13, 2017 by Canadian Underwriter

Three-quarters of Canadian CEOs (75%) see disruption as an opportunity for their business, not a threat, and 86% said their business is actively disrupting its sector rather than waiting for disruption by competitors, according to a new survey from audit,

News Earnings / RatingsInsurance

Bank of Canada says fires in Fort McMurray, Alta., put economy in reverse

July 13, 2016 Andy Blatchford - THE CANADIAN PRESS

OTTAWA – The Bank of Canada is cutting its economic outlook for the year, saying the extensive damage from the Alberta wildfires will result in an economic contraction in the second quarter. The central bank’s forecast was released Wednesday along