Canadian Underwriter

Keyword
Europe


News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

78% of global SMEs fear impact of climate change on their businesses: Zurich study

November 4, 2016 by Canadian Underwriter

Nearly four-fifths (78%) of global small- and medium-sized enterprises (SMEs) surveyed by Zurich Insurance Group expected risks associated with climate change to have a significant impact on their business. Zurich’s fourth annual global SME survey, titled Potential effect on business

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Echelon Financial Holdings Inc. posts net income of $1.4 million in 2016 Q3, up from $1.3 million loss in 2015 Q3

November 3, 2016 by Canadian Underwriter

Echelon Financial Holdings Inc. has posted a net income of about $1.4 million in 2016 Q3 compared to a $1.3 million loss in 2015 Q3, although net operating income for the most recent quarter decreased markedly as a result of

News CatastrophesEarnings / RatingsInsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

CNA Financial posts net income of US$343 million in 2016 Q3

November 1, 2016 by Canadian Underwriter

CNA Financial Corporation saw net income jump US$165 million to US$343 million in 2016 Q3 over the prior-year quarter, driven by the performance of its Property & Casualty Operations, higher net investment income and stable catastrophe losses. Net income for

News CatastrophesClimate ChangeEarnings / RatingsMergers and Aqcuisitions

Nat-cats contribute to decrease in net income at SCOR for first three quarters of 2016 compared to prior-year period

October 27, 2016 by Canadian Underwriter

The Group net income for SCOR for the first nine months of 2016 took a hit, partly as a result of the impact of natural catastrophes, falling 11.0% to 438 million euros compared to 492 million euros for the first

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Echelon Financial Holdings Inc. sees lower net income in 2016 Q2, will focus on Canadian operations

August 5, 2016 by Canadian Underwriter

Echelon Financial Holdings Inc. (EFH) is exiting the European market to focus on growing its Canadian operations, which were negatively affected by the Fort McMurray wildfires that contributed to lower net income for both 2016 H1 and Q2 compared to

News InsuranceLegal

Shift in terrorist tactics, targets in the West demands change in attitude

June 10, 2016 by Angela Stelmakowich

A shift in terrorist tactics and targets in Western countries may come down to efficiency – from the perspective of terrorists – but should encourage governments and businesses to enhance security in busy public places, suggests Andrew Majoran, lead terrorism

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Brussels bombings show trend to target public transportation infrastructure: RMS

March 28, 2016 by Canadian Underwriter

The terrorism bomb blasts last week in Brussels “are a somber reminder of the difficulty of preventing attacks against transportation infrastructure such as airports and metro or bus stations,” notes catastrophe risk modelling company Risk Management Solutions (RMS). “As security