Canadian Underwriter

Keyword
Strategy

News BrokersInsuranceMergers and Aqcuisitions

Why this large brokerage follows a “one-stop shop” M&A strategy

July 31, 2019 by Jason Contant

Quebec’s largest brokerage wants to become a “one-stop shop” for all of its clients’ needs, Lussier Dale Parizeau’s (LDP) president and chairman of the board, André Lussier, told Canadian Underwriter recently when discussing acquisition strategies. “We believe that it is

News AppointmentsInsuranceMarkets / Coverages

Insurer “redefines” its commercial insurance strategy

November 16, 2017 Jason Contant, Online Editor

Economical Insurance is looking to “redefine” its approach to commercial insurance with a new strategy and structure, the insurer’s manager of public and media relations, Doug Maybee, told Canadian Underwriter on Thursday. “It certainly shows that we are taking steps

News CatastrophesEarnings / RatingsInsuranceReinsurance

XL Group Ltd. sees net income soar in 2017 Q2 over prior-year quarter, focus on executing strategy continues

July 27, 2017 by Canadian Underwriter

Both net income attributable to common shareholders and operating net income for Bermuda-based XL Group Ltd. skyrocketed in 2017 Q2 compared to 2016 Q2, with the former increasing six-fold to US$301.6 million. Specifically, net income attributable to common shareholders amounted

News Climate ChangeInsuranceMarkets / CoveragesProfessional Development

Task Force on Climate-related Financial Disclosures recommends organizations provide such disclosures in public annual filings

July 4, 2017 by Canadian Underwriter

The Task Force on Climate-related Financial Disclosures (TFCD) has recommended that organizations provide such disclosures in their mainstream (public) annual financial filings, among other recommendations. TFCD released on June 29 its final report, saying that the task force “believes climate-related

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

35% of top global insurers have appointed a chief digital officer to oversee business transformation: PwC’s Strategy&

June 26, 2017 by Canadian Underwriter

More than one-third of the world’s top insurance companies have appointed an executive – commonly known as a chief digital officer (CDO) – to oversee the digital transformation of their business, according to a new study from Strategy&, PwC’s strategy

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Global uptick in CEOs forced out of office for ethical lapses, Canada among lowest incidence of dismissals: Strategy&

May 17, 2017 by Canadian Underwriter

An analysis of CEO successions at the world’s largest 2,500 public companies over the past 10 years shows a marked increase in forced turnovers for ethical lapses, although Canada is among the countries with the lowest incidence of such dismissals.

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Analytics single greatest disruptor to Canadian insurance industry: survey

April 4, 2017 by Canadian Underwriter

Analytics is the single greatest disruptor to the Canadian insurance industry today, according to 65% of executives polled for a recent survey by Insurance Nexus, a division of FC Business Intelligence. Insurance Nexus reported on Tuesday that it recently surveyed

News AssociationsInsuranceTechnology

Long-term data strategy will allow for making the most of the information: OMIA’s Taylor

March 31, 2017 by Angela Stelmakowich

Mutual insurers need a long-term plan to ensure they meet the twin goals of capitalizing on the opportunities that data offers and continue to staying true to serving customers, the head of the Ontario Mutual Insurance Association (OMIA) suggested Thursday.

News Technology

Canadian executives investing in tech skills training, but still struggle to keep up with technology change: PwC Canada

March 29, 2017 by Canadian Underwriter

Polled Canadian organizations are struggling to keep up with constant technology change despite executives viewing digital strategy, cyber security and data analytics as quite or highly important skills to their businesses, notes a new report issued Wednesday by PricewaterhouseCoopers (PwC)

News InsuranceProfessional Development

Risk managers sometimes overlook ‘positive side of risk:’ RIMS report

June 7, 2016 by Canadian Underwriter

Organizations need to take some risks,  and risk managers need to understand the value of taking such risks, Risk and Insurance Management Society Inc. (RIMS) said in a report announced Tuesday. “Usually risk is defined as the possibility of loss

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

North American organizations experiencing slow shift to public cloud: Softchoice study

May 20, 2016 by Canadian Underwriter

Transitioning to public cloud is a slow-moving process for most businesses, according to a new study by Softchoice, a North American IT solutions and managed services provider. Released on Tuesday, the study, titled The State of Cloud Readiness: Transformation and

News AssociationsClimate ChangeEarnings / RatingsInsuranceLegislation / RegulationProfessional DevelopmentTechnology

Forecasting emerging risks expected to get tougher: Marsh/RIMS report

April 11, 2016 Angela Stelmakowich, Editor

SAN DIEGO – Cyber attacks – once again identified as a top critical business risk – are expected to be a source of emerging risks, but forecasting for all emerging risks could prove more challenging over the next three years,