Canadian Underwriter

News


News InsuranceMergers and Aqcuisitions

Aviva Canada offers “Pre-fill” quoting solution for brokers in Ontario, Alberta and Atlantic Canada

May 16, 2012 by Canadian Underwriter

Aviva Canada is introducing Compu-Quote’s “Pre-fill” solution to brokers in Ontario, Alberta and Atlantic Canada that use their comparative rating solution. The application is designed to increase the speed of data entry in the quoting process for more than 600…

News AssociationsClimate ChangeInsuranceMergers and Aqcuisitions

Alberta imposes broad wildfire ban

May 15, 2012 by Canadian Underwriter

Alberta has imposed a fire ban for forested lands over a swath of the province, almost one year after a wildfire levelled a large part of Slave Lake, Alberta. The Slave Lake wildfire on May 14, 2011, still currently under…

News InsuranceLegalMergers and Aqcuisitions

No need for damages to be formally quantified before a plaintiff can launch action against own insurer in underinsured motorist case

May 15, 2012 by Canadian Underwriter

A plaintiff does not need to have damages quantified by settlement or judgment before proceeding with an action against his own insurer under the inadequately insured motorist provision of an auto insurance policy, the Ontario Court of Appeal has ruled.…

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

ICBC gears up for public consultation on rates

May 15, 2012 by Canadian Underwriter

British Columbia’s public auto insurer will be holding open house sessions on how its premiums should be determined and whether higher-risk drivers should be penalized with higher rates. The public sessions, running across the province from May 22 to June…

News InsuranceMergers and Aqcuisitions

General insurance segment of Zurich Insurance Group increases profit in 2012 Q1

May 15, 2012 by Canadian Underwriter

Zurich Insurance Group’s general insurance segment reported a $576-million increase in its business operating profit in 2012 Q1, reflecting a lower number of catastrophe events compared to the same period last year. The general insurance segment’s quarterly profit rose from…

News InsuranceMergers and Aqcuisitions

Aon Risk Solutions Canada makes two appointments in global/large business division

May 15, 2012 by Canadian Underwriter

Craig Gilmour has been appointed Aon Risk Solutions Canada’s new executive vice president of global/large business. As part of his responsibilities, Gilmour will oversee several groups, including financial services, risk consulting, risk control, real estate and actuarial consulting, as well…

News Insurance

Crawford & Company (Canada) appoints Randy Lim as national account executive for western region

May 15, 2012 by Canadian Underwriter

Randy Lim assumed responsibilities as national account executive for Crawford & Company (Canada) Inc.’s western region on May 1. With more than two decades of experience in the brokerage community, Lim has served in both production and claims advocacy roles…

News Insurance

Swiss Re introduces new app for iPad devices

May 14, 2012 by Canadian Underwriter

Swiss Re has unveiled a new investor relations and media relations app designed specifically for iPad devices. Available free of charge, the Swiss Re IR-MR App provides users access to the latest automatically uploaded content. The information includes the latest…

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Quebec drivers most satisfied with auto insurance, B.C. drivers the least: survey

May 14, 2012 by Canadian Underwriter

Quebec drivers are happiest with their auto insurance product, while British Columbia drivers are the most critical of theirs, based on a recent online survey conducted by InsurEye. The Canadian company provides online analysis to help buyers manage their insurance.…

News Insurance

Lloyd’s charts bold growth plan to 2025

May 14, 2012 by Canadian Underwriter

One of the most recognizable brands in insurance is launching an ambitious strategy to become a “global hub for specialist insurance and reinsurance” over the next decade. Vision 2025 is Lloyd’s plan to “truly internationalize the Lloyd’s underwriting community” by…

News Insurance

Ironshore teams up with Mitsui Sumitomo to increase capacity to $25 million

May 14, 2012 by Canadian Underwriter

A consortium relationship with Mitsui Sumitomo has allowed Ironshore Canada Ltd. to increase its specialty casualty lines capacity to $25 million. Among other things, the increased capacity “satisfies a demand for higher limits by global and domestic clients who are…

News Earnings / RatingsInsurance

The Co-operators to acquire G&F Insurance

May 14, 2012 by Canadian Underwriter

The Co-operators has announced its intention to acquire G&F Financial Group’s general insurance assets and Autoplan appointment. The deal is subject to regulatory approval and is expected to close June 30, 2012, reports The Co-operators, a Canadian-owned multi-product insurance company.…