Keyword
Willis Towers Watson
Cyber insurance rates could rise 30% in 2016 for large health care, point-of-sale retailers: Willis Towers Watson
April 7, 2016 by Canadian UnderwriterThe withdrawal by American International Group Inc. from some monoline site pollution markets “will result in increased competition” as other carriers look to pick up the displaced business, losses arising from the explosion last August in the Chinese port of…
Bleak outlook for energy insurers could lead to withdrawals from the market: Willis Towers Watson
April 5, 2016 by Canadian UnderwriterAn oversupply of capital and falling demand from buyers, caused by cost-cutting in the wake of the oil price crash, is heaping pressure on insurers to the extent that they may eventually consider exiting the energy insurance market, or at…
Reinsurance demand uptick despite price softening, reinsurers may not grant more concessions: Willis Re
April 4, 2016 by Canadian UnderwriterEncouraging signs for reinsurers are coming to light despite reinsurance rates falling for the fourth consecutive year at the Apr. 1, renewals, suggests Willis Re suggests in its latest 1st View Reinsurance Renewals report. “Amidst a gloomy picture of sustained…
Moves and Views
April 1, 2016 by Canadian Underwriter1 Ryan Michel [1] took on duties as president and chief executive officer of Allstate Insurance Company of Canada and its subsidiary companies January 11. Michel succeeds John O’Donnell, now senior vice president with Allstate Insurance Corporation in the United…