Canadian Underwriter

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mergers

News InsuranceMergers and Aqcuisitions

This Canada-based insurance giant is taking a break on mega-mergers

August 14, 2019 by Greg Meckbach

If a blockbuster insurer merger gets announced tomorrow, it probably won’t involve Toronto-based Fairfax Financial Holdings Ltd., which has grown steadily through insurer acquisitions over the past 34 years. “We are not looking to add in a significant way from

News InsuranceMergers and Aqcuisitions

Intact’s priorities for mergers and acquisitions

August 1, 2019 by Greg Meckbach

Brokers can expect to see insurers representing nearly a fifth of the Canadian P&C market to be bought and sold, the head of Canada’s largest carrier suggested Wednesday. “We laid out the perspective seven or eight years ago that 20

Feature

Let’s Make a Deal

May 8, 2019 Greg Meckbach, Associate Editor

Thinking about rapid-fire growth? M&A guru Georges Pigeon of KPMG in Canada gives you some food for thought

News InsuranceMergers and AqcuisitionsTechnology

What buyers look for in a brokerage

January 16, 2019 by Greg Meckbach

Information technology is one driving force behind mergers and acquisitions involving property and casualty insurance brokerages. Acquiring new products, talent and technology are among the reasons behind M&A activity in P&C insurance, said Georges Pigeon, a Montreal-based partner with KPMG’s

News ClaimsMergers and AqcuisitionsTechnology

How corporate mergers impact cyber risk

September 19, 2018 by Greg Meckbach

Cyber risk goes up if a company goes through a merger or acquisition, an information security consultant suggests. One way your client can reduce cyber risk is to know what hardware and software is on their computer network, Jeremy Hurst,

News InsuranceMergers and Aqcuisitions

Canadian hail insurance broker acquired by Hub

September 11, 2018 by Greg Meckbach

Hub International Ltd. continues to buy Canadian property and casualty brokerages, with the acquisition of Ottawa-based Access Insurance Brokers Inc. as well as a Saskatchewan provider of farm insurance. Chicago-based Hub announced Monday it has acquired Frontier Business Centre Ltd.,

News InsuranceMergers and Aqcuisitions

This Top 5 liability insurer is looking for firms to buy

August 15, 2018 by Greg Meckbach

The corporate parent of Canada’s fourth-largest liability insurer – American International Group Inc. – is actively looking for companies to acquire. “I always look for acquisitions,” said Brian Duppereault, CEO of New York City-based AIG, during a recent earnings call.

News Mergers and AqcuisitionsReinsurance

Major consolidation this year in reinsurance industry?

July 31, 2018 by Greg Meckbach

Mergers and acquisitions will likely be a topic of discussion for mid-market reinsurers, executives with a large European reinsurer suggest. Efforts by large reinsurers to improve productivity will put “more pressure” on mid-sized and smaller reinsurers “to have this strategic

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Leading Canadian insurers ‘looking at M&A intensely’

July 3, 2018 by Greg Meckbach

Brokers can expect to see a major carrier consolidation deal this year, assuming the prediction of a major mergers and acquisitions (M&A) advisory firm holds true. Of the top 10 Canadian P&C insurers, “it could be expected that a few

Feature Markets / Coverages

Tipping Point

July 2, 2016 Richard Clark, Business Development Director, Xuber, a CSC company

It appears that surveyed reinsurers have finally reached the technology tipping point. Digitization is now seen as key to the change that must unfold. It is believed that those who quickly move to create solutions that are grounded in modern technology, taking into account how insurance is bought, sold and managed, will be the most likely winners.