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financial statements

News BrokersInsurance

How bad financials can affect your client’s insurance rates

March 15, 2019 by Greg Meckbach

Do insurers really care about a client’s balance sheet? A former lawyer who represented The Trump Organization recently suggested clients could get a good rate if the broker could be certain that the client could pay the premium. Brokers contacted

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Global organizations spending almost four times more budget on property-related risks than cyber risks: Aon/Ponemon report

April 25, 2017 by Canadian Underwriter

Global organizations are spending nearly four times more budget on property-related risks than cyber risks, according to a report released on Tuesday by the Ponemon Institute and sponsored by Aon plc. The 2017 Cyber Risk Transfer Comparison Global Report also

News InsuranceMergers and Aqcuisitions

M&A insurance claims rising, 23% of deals over US$1 billion end in a claim: AIG study

April 20, 2017 by Canadian Underwriter

The frequency of insurance claims related to mergers and acquisitions (M&A) is rising as large deals prove risky and the average payout on the most severe category of claims tops US$20 million, according to a new global study from American

News InsuranceLegal

Appeal continues in $84-million negligence lawsuit against corporate auditors

June 6, 2016 by Canadian Underwriter

A negligence lawsuit against the company that audited the financial statements of the entertainment firm formed in 1989 by Garth Drabinsky and Myron Gottlieb could reach the Supreme Court of Canada. In a decision released in 2014, the Ontario Superior