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RSA Canada
Calgary Flames sue insurers $125 million for pandemic-related losses
March 23, 2022 by Alyssa DiSabatinoThe Calgary Flames have filed a $125-million lawsuit against its insurers to enforce the terms of an all risks insurance policy for “massive losses” due to the COVID-19 pandemic. The named defendants in the statement of claim filed in…
Where former RSA Canada president and CEO Martin Thompson is now
September 28, 2021 by Jason ContantMartin Thompson, until recently CEO of RSA Canada, will be stepping in as interim Group CEO of Brit Ltd., which is owned by Toronto-based Fairfax Financial Holdings Limited. Brit, which covers complex risks, said in a press release Tuesday that…
Intact-RSA deal awaits final clearance for takeoff on June 1
May 6, 2021 by David GambrillIntact Financial Corporation and Dutch insurer Tryg A/S have received all anti-trust and regulatory approvals for the acquisition of RSA Insurance Group plc, setting the stage for closing the mega-merger within a month. The last items remaining on the to-do…
Heena Patel, RSA Canada
March 12, 2021 by Greg MeckbachHeena Patel, Senior Vice President, Chief Auditor, RSA Canada Advertising to more potential job candidates and raising awareness among managers about unconscious bias are among the measures the property and casualty insurance industry can take to help women advance into…
A hurricane with snow: RSA Canada reports on Newfoundland’s winter Cat
January 29, 2020 by David GambrillWith the Canadian army now finished its snow-clearing mission in St. John’s, and an eight-day state of emergency now lifted, RSA Canada’s claims team on the ground expects a slow and steady stream of claims from Newfoundland & Labrador’s record-breaking…
2019 Executive Outlook | Martin Thompson, RSA Canada
January 4, 2019 Canadian UnderwriterCanadian Underwriter approached Canadian P&C industry executives with two questions: 1) What is the single most important change the industry must make looking forward into 2019? 2) How might this change be brought about? Their answers, featured in our 2019…
How the pieces of the puzzle fit together during a catastrophe
July 5, 2018 by Jason ContantFollowing a catastrophe, policyholders are best served when adjusters and contractors adhere to their professional limitations in managing a loss, an industry executive said Tuesday. Jim Eso, senior vice president of property and casualty with Crawford and Company (Canada) Inc.,…
Does Canada have the adjusting resources to handle back-to-back catastrophes?
June 6, 2018 by Jason ContantDoes Canada’s property and casualty industry have enough resources in place to adjust major catastrophes that occur in tandem or right on the heels of each other? Industry resources in Ontario were tested after a severe ice storm in April,…
RSA Canada joins chorus of insurers seeking auto rate increases
February 23, 2018 Greg Meckbach, Associate EditorDistracted driving and the cost of repairing vehicles equipped with the latest technology are among the reasons RSA Canada is looking to increase auto insurance rates across Canada. “We have seen a trend of increasing frequency [of collisions] which we…
Catastrophe event? Where’s the company drone?
January 12, 2018 by David GambrillUsing drone technology to process high volumes of claims during catastrophe events is one of several ways the claims process may become automated in the future, RSA Canada reports. “Drone-type technology (satellite and remote camera technologies) will enable us to…
Safety gadgets driving up insurers’ auto repair costs
January 8, 2018 by David GambrillSafety gadgets mounted on today’s slick new vehicles are creating headaches for insurers when it comes to the severity of auto insurance physical damage claims. Why? Because it costs more to repair them when they are damaged in collisions. Mitchell…
Who in Canada is least prepared for winter emergencies?
December 18, 2017 by Canadian UnderwriterWith winter weather already upon us, RSA Canada surveyed Canadians to check their state of readiness, asking who is prepared for winter emergencies such as major blizzards or extreme cold. Most aren’t, the survey found. Fifty-seven per cent of Canadians…