Keyword
Intact Financial Corporation
Fort McMurray wildfire could hurt 2016 Q2 results for some Canadian p&c insurers, companies offering help
May 9, 2016 by Angela StelmakowichCredit rating agency Moody’s does not anticipate the massive wildfire in and around Fort McMurray will be a credit event for Canada’s property and casualty industry, but is likely to have an impact on 2016 Q2 results for property insurers.…
Intact reports 0.9 percentage point drop in combined ratio in first quarter of 2016
May 4, 2016 by Canadian UnderwriterIntact Financial Corporation (IFC) has reported a 0.9 percentage point drop in its combined ratio for the first quarter of 2016 compared to the same quarter in 2015, led by property lines and improving personal auto results. Toronto-headquartered IFC, the…
YIPT autonomous vehicles panel addresses product liability, future need for personal auto insurance
April 22, 2016 by Canadian UnderwriterThe first fully autonomous cars could be in showrooms in a few years, attendees to the Young Insurance Professionals of Toronto (YIPT) second annual Speaker Panel Series heard last week. “You will see the first fully autonomous cars in showrooms…
Personal lines set to dramatically change, but will not disappear altogether: speakers at CIP Symposium
April 22, 2016 Jason Contant, Online EditorWith the number of disruptors entering the insurance industry, personal lines insurance is set to undergo a dramatic transformation, but will likely not disappear altogether, speakers suggested Thursday at the 2016 CIP Society Symposium. Catherine Kargas (picture below right), vice…
Quebec financial services regulator urges caution over peer-to-peer risk sharing platforms
April 20, 2016 by Canadian UnderwriterQuebec’s financial services regulator is urging caution following the “recent emergence of peer-to-peer risk sharing platforms.” The Autorité des marchés financiers (AMF) said in a press release on Tuesday that it has noticed that companies are offering consumers platforms where…
U.S. peer-to-peer car rental marketplace begins international expansion in Canada insured by Intact
April 19, 2016 by Canadian UnderwriterPeer-to-peer car rental marketplace Turo is continuing its drive beyond U.S. borders, announcing Tuesday the company’s international expansion in Canada insured by Intact Financial Corporation (IFC). The move will empower “Canadians to turn their idle cars into earning engines and…