Keyword
Rob Wesseling
How the industry’s reputation is faring during COVID
November 3, 2020 by Adam MalikIn a spirited debate about the insurance industry’s reputation during the COVID-19 pandemic, an insurance industry researcher said one big reason why some consumers don’t trust insurance companies is because when they submit a claim, they’re treated as if they’re…
2018 Outlook: Rob Wesseling, President, CEO, The Co-operators Group Limited
January 3, 2018 Rob WesselingTaking on an increased leadership role with respect to climate change, and working to engage clients more effectively are two key challenges for the industry in the year ahead. In the short term, climate change may be a premium-level issue…
Insurers, society face irreversible climate change: reinsurance board exec
December 19, 2017 Greg Meckbach, Associate EditorWildfires that hit British Columbia earlier this year and that continue to affect California are among the effects of climate change, says Karen Gavan, former CEO of Waterloo, Ont.-based Economical Insurance. “Literally California has been burning all fall,” said Gavan,…
The Co-operators reports net loss of $7.4 million in third quarter
October 27, 2017 by Canadian UnderwriterCo-operators General Insurance Company has reported a consolidated net loss of $7.4 million for the third quarter of 2017 ending Sept. 30 compared to net income of $16.3 million for the same quarter of 2016. Guelph, Ont.-based The Co-operators released…
The Co-operators announces acquisition of Assurance Auclair in Quebec
June 5, 2017 by Canadian UnderwriterThe Co-operators General Insurance Company is looking to further enhance its distribution system in Quebec with the acquisition of Assurance Auclair. The portfolio of the brokerage in Quebec City includes personal and commercial insurance policies, notes a statement Monday from…
New FireSmart Home Development Guide targets Canadian wildfire resiliency
May 5, 2017 by Canadian UnderwriterFireSmart Canada, in partnership with The Co-operators, has developed a new resource to help Canadian residents make their homes more resilient to wildfire. The FireSmart Home Development Guide, which will become part of the FireSmart Home Partners Program, outlines specific…
The Co-operators reports net income of $34.6 million for Q1 2017, combined ratio of 102.5%
May 2, 2017 by Canadian UnderwriterGuelph, Ont.-based Co-operators General Insurance Company has reported a consolidated net income of $34.6 million for the first quarter of 2017 ending March 31, down from $39.3 million in the first quarter of 2016. The company’s combined ratio, excluding market…
Co-operators General Insurance Company net income $128.8 million in 2016 Q4, up from $103.3 million in 2015 Q4
February 16, 2017 by Canadian UnderwriterThe consolidated net income for Co-operators General Insurance Company increased for the fourth quarter of 2016 over the same quarter in 2015, but net income for 2016 decreased from 2015. The Co-operators has posted net income of $128.8 million for…
The Co-operators acquires brokerage Denny’s Insurance of Acton, Ont.
January 16, 2017 by Canadian UnderwriterCo-operators General Insurance Company announced on Monday that its wholly-owned subsidiary has purchased personal and commercial lines brokerage Denny’s Insurance. Current clients of Denny’s Insurance, located in Acton, Ont., will be notified of the change in ownership and their existing…
Rob Wesseling to become president and CEO of The Co-operators on Dec. 1
August 30, 2016 by Canadian UnderwriterThe Co-operators’ board of directors has announced that Rob Wesseling will become president and chief executive officer of the company, effective Dec. 1. Currently the executive vice president (EVP) of property and casualty (P&C) operations for the Co-operators General Insurance…