Canadian Underwriter

Keyword
Lloyd's

Feature Brokers

Expanding Choice

October 2, 2019 Jason Contant, Online Editor

It’s a ‘Kodak moment’ for Canadian brokers seeking to expand consumer choice in a tightening market, says Nigel Roberts, head of distribution at AEGIS London. Here’s how to brighten the picture

News Markets / Coverages

This is how hard the Lloyd’s market has become

September 19, 2019 by Greg Meckbach

Insurance rates on renewal are up nearly 4% in the Lloyd’s market, which has returned to profitability. “While market conditions generally remain at historically competitive levels, price increases have been witnessed across all major lines, most notably in property and

News Insurance

Observations on cyber from Canadian Lloyd’s coverholder

July 15, 2019 by Greg Meckbach

Your commercial clients may be able to get cyber insurance with fewer underwriting questions than in the past, but you should still pay close attention to those clients’ risk management practices, the head of a Toronto managing general agent suggests.

News Insurance

Client duped by fraudster wins coverage dispute

July 8, 2019 by Greg Meckbach

If your client ships goods to someone who turns out to be a fraudster and never gets paid as a result, is this covered by all-risks commercial insurance? Lloyd’s Underwriters tried to argue one such loss is excluded, but the

News BrokersInsuranceMarkets / Coverages

Fishing for marine capacity after Lloyd’s partial withdrawal

July 5, 2019 by Jason Contant

Marine insurance, one of the “hot lines” in Canadian Underwriter’s forthcoming 2019 Stats Guide, is already falling on some leaner times. “Yes, absolutely,” replied Kent Rowe, vice president of Wedgwood Insurance Limited in St. John’s, Nfld., when asked if he

News Insurance

How coverage for “idea misappropriation” landed this insurer in court

July 3, 2019 by Greg Meckbach

Commercial coverage for advertising liability could be a little broader than some underwriters may think. In a decision rendered on a coverage dispute, British Columbia’s appeal court ruled on June 28 that Lloyd’s Underwriters has a duty to defend Blue

News AppointmentsBrokers

This ‘leading practitioner’ in insurance law is now a judge

May 27, 2019 by Greg Meckbach

CORRECTION NOTICE: In an earlier version of this story, Glen L.C. Noel was incorrectly identified as a lawyer representing Lloyd’s in Lawlor v. Royal. In fact, Noel represented Mary Lawlor in that case. Canadian Underwriter regrets the error. Glen L.C.

Feature

London Calling

May 3, 2019 Jason Contant, Online Editor

Lloyd’s of London, Canada’s fourth-largest insurance provider, has sounded a discordant note lately, with shaky financial results emanating from Europe.  How should Canadian brokers interpret the tune they are  hearing from across the pond?

News InsuranceLegal

Judgement against Lloyd’s quashed in disputed claim over diamond eagle statue theft

April 8, 2019 THE CANADIAN PRESS

VANCOUVER – A protracted court battle over a gold, diamond-studded eagle statue has landed in favour of a major insurance company, which will now be allowed to challenge a claim over the treasure that was allegedly stolen in the Vancouver

News Commercial LinesInsurance

What’s holding back Lloyd’s price increases

March 28, 2019 by Greg Meckbach

Property risk could get harder to place in the Lloyd’s market this year. “Difficult decisions regarding existing accounts, or indeed the appropriateness of new accounts, will continue to have to be made during 2019,” the Corporation of Lloyd’s said of

News Commercial LinesInsurance

These Lloyd’s syndicates have shut down

March 27, 2019 by Greg Meckbach

Toronto-based Fairfax Financial Holdings is among the insurers who own Lloyd’s syndicates that were shut down at the end of 2018. The Corporation of Lloyd’s released Wednesday a list of the eight syndicates that stopped trading as of Dec. 31.

News InsuranceMGAs

How this broker is binding Lloyd’s policies online

March 19, 2019 by Greg Meckbach

A Calgary-based Lloyd’s coverholder has re-launched its website to make it easier for brokers to bind policies for special events without having to deal with a lot of paper forms. PAL Insurance Brokers Canada Ltd. has allowed clients to apply