Canadian Underwriter

Keyword
personal property


News Earnings / RatingsInsuranceMergers and Aqcuisitions

Personal auto premiums for Q3 up 5% for Intact, personal property premiums up by 8%

November 2, 2016 by Canadian Underwriter

Intact Financial Corporation (IFC) has reported that personal auto premiums for the third quarter of 2016 ending Sept. 30 grew by 5%, while personal property premiums grew by 8% from the prior-year quarter. IFC said in its financial results released

News InsuranceMergers and Aqcuisitions

Esurance introduces homeowners insurance in Alberta

October 13, 2016 by Canadian Underwriter

Esurance, the online direct-to-consumer insurance company, announced on Thursday that it is now offering homeowners insurance in Alberta. The Esurance homeowners policy offers Albertans comprehensive protection as well as water backup and additional living expense coverage to safeguard their homes,

News CatastrophesEarnings / RatingsInsuranceMergers and Aqcuisitions

Intact reports $127 million loss from Fort McMurray wildfire, combined ratio up to 99.2% in Q2

July 27, 2016 by Canadian Underwriter

Intact Financial Corporation (IFC) reported a $127 million impact in its second quarter financial results from the Fort McMurray wildfire, bringing its combined ratio to 99.2% for the quarter, including 8.8. points of Fort McMurray catastrophe losses. “We delivered $114

News Earnings / RatingsInsuranceMergers and Aqcuisitions

SGI Canada reports underwriting income of $42 million for 15 months ending March 31

July 19, 2016 by Canadian Underwriter

Saskatchewan Government Insurance announced Monday that the province’s Auto Fund had an underwriting loss of $11.1 million for the 15 months ending March 31, 2016, while SGI Canada, the competitive arm of SGI, had underwriting income of $42 million during

News CatastrophesInsuranceMergers and Aqcuisitions

Half of Aspen’s Q2 natural catastrophe loss from Alberta wildfire

July 14, 2016 by Canadian Underwriter

The recent wildfires in Alberta cost Aspen Insurance Holdings Ltd. roughly US$30 million, net of reinsurance and reinstatement premiums, the Hamilton, Bermuda-based carrier suggested in a press release Wednesday. Aspen’s initial estimate, of pre-tax losses, net of reinsurance and reinstatement

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Economical Insurance combined ratio down 4.6 points in first quarter of 2016

May 10, 2016 by Canadian Underwriter

Economical Insurance has reported a combined ratio of 101.1% in the first quarter of 2016 ending March 31, down 4.6 percentage points from the Q1 2015 combined ratio of 105.7%. Waterloo, Ont.-based Economical Insurance’s gross written premiums were up by

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Intact reports 0.9 percentage point drop in combined ratio in first quarter of 2016

May 4, 2016 by Canadian Underwriter

Intact 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