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foreign exchange

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Net income for Swiss Re US$1.2 billion in 2017 H1, down from about US$1.9 billion in 2016 H1

August 4, 2017 by Canadian Underwriter

Disciplined underwriting and strong investment returns contributed to Swiss Re recording net income of US$1.2 billion for the first half of 2017, although catastrophe claims served to reduce the total from the comparable period in 2016. Net income for Swiss

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Aviva plc reports combined ratio of 98.9% for Canada in H1 2017, up three points from H1 2016

August 3, 2017 by Canadian Underwriter

Aviva plc has reported a general insurance combined operating ratio (COR) of 98.9% for Canada for the first six months of the year ending June 30, up three points from 95.9% in the first six months of last year. For

News Earnings / RatingsInsuranceMergers and AqcuisitionsReinsurance

Absence of large losses contributes to 20.6-point drop in Q2 combined ratio for PartnerRe

August 1, 2017 by Canadian Underwriter

PartnerRe Ltd. reported a combined ratio of 87.7% during the three months ending June 30, a 20.6-point improvement over 108.3% during the same period in 2016, when Canada experienced its most expensive natural disaster ever and a loss from an

Feature Mergers and Aqcuisitions

Exchanging Risk

December 2, 2016 Laura Bobak, Research and Communications Manager, Financial Executives International Canada and the Canadian Financial Executives Research Foundation

Despite the upheaval in commodities prices and the volatile Canadian dollar, a recent study shows a quarter of polled Canadian financial executives have no foreign exchange risk management strategy. Unpredictability makes it difficult for businesses to plan, but implementing a well-conceived risk management plan is essential.