663 articles for fort mcmurray
Canada’s most dangerous places
August 12, 2016 byAlmost 30% of Canada’s 100 largest cities did not report a single murder in 2015
RSA Canada has “big ambitions” for the post-Saunders era
August 10, 2016 by“People come and people leave organizations all the time.”
Q2 combined ratio up 6.5 points for Munich Re
August 9, 2016 by Canadian UnderwriterMunich Re reported Tuesday a 6.5-point deterioration in its Q2 combined ratio in property & casualty reinsurance, as the recent wildfires in Northern Alberta and the April earthquakes in Japan were among the natural catastrophes that contributed to the firm’s…
Combined ratio for Aviva plc for Canada up 3.9 points to 95.8% in first half of 2016
August 8, 2016 by Canadian UnderwriterAviva plc has reported a general insurance combined ratio of 95.8% for Canada for the first six months of 2016, up 3.9 points from the H1 2015 combined ratio of 95.8%. In particular, the combined operating ratio for the first…
Economical Insurance cites wildfire’s impact, net income drops to $17.1 million in 2016 Q2
August 8, 2016 by Canadian UnderwriterCanada’s worst-ever insured natural disaster – the Fort McMurray wildfire – delivered a hard hit to the underwriting activity of Economical Insurance, contributing to a net income in the second quarter of 2016 of about half the prior-year quarter. Economical…
Echelon Financial Holdings Inc. sees lower net income in 2016 Q2, will focus on Canadian operations
August 5, 2016 by Canadian UnderwriterEchelon Financial Holdings Inc. (EFH) is exiting the European market to focus on growing its Canadian operations, which were negatively affected by the Fort McMurray wildfires that contributed to lower net income for both 2016 H1 and Q2 compared to…
La Plume du Président
August 5, 2016 Fred Plant, president, ACEIOui, cela a bien eu lieu. Nous savions qu’il en serait ainsi. Tout le monde le savait. Ce n’était qu’une question de temps. Une catastrophe vraiment terrible. Fort McMurray a été ravagé par les flammes. Au moment de la rédaction…
Worst flooding since 1998 leaves US$33 billion economic toll in China: Aon’s Impact Forecasting
August 4, 2016 by Canadian UnderwriterFlooding in China in July caused an estimated US$33 billion in economic losses, but claims payouts represented less than 2% of the cost, according to Impact Forecasting’s monthly Global Catastrophe Recap. The report from Impact Forecasting, Aon Benfield’s catastrophe model…
Hannover Re sees dip in net income, lower gross written premiums for 2016 H1 compared to 2015 H1
August 4, 2016 by Canadian UnderwriterHannover Re saw net income fall 8.6% to 486.1 million euros for the first half of 2016 from 531.9 million euros in the prior-year half, but remains confident the company is on track to achieve its full-year target of at…
Combined ratio up 18 points for PartnerRe
August 3, 2016 by Canadian UnderwriterPartnerRe Ltd. has reported an 18-point deterioration in its combined ratio for the three months ending June 30, with the wildfire in Alberta contributing 7.5 points, or $73 million, to its loss expenses for the second quarter of this year.…
Rainfall that caused flooding subsides in Alberta region hit this spring by wildfire
August 2, 2016 by Canadian UnderwriterCrews for the Regional Municipality of Wood Buffalo removed numerous barricades erected after heavy rainfall caused flooding in the region that played unwelcome host to the devastating Fort McMurray wildfire this spring. “Following yesterday’s rainfall, ground support staff from Underground…
P&C combined ratio improves one point to 97.4% for CNA Financial, net income at US$209 million for Q2 2016
August 2, 2016 by Canadian UnderwriterCNA Financial Corporation has announced a one point improvement in its P&C combined ratio for the second quarter of 2016 ending June 30, from 98.4% last year to 97.4% in the most recent quarter. For the first six months of…