Canadian property and casualty insurers are racing through an obstacle course in 2012. Many insurance company executives are responding by priming their performance – including the development of new products, services and technology to help see consumers and brokers through turbulent times.
Canadian Market Auto loss ratios improve in 2011 Q3, but property lines loss ratios deteriorate Automobile personal accident lines showed a huge improvement in 2011 Q3 compared to the same period last year, according to figures released by the Office…
Market consolidation carries a risk that brokers will have fewer choices to offer their clients when carriers disappear.
The large-scale catastrophes occurring in 2011 point to the need for companies to check the terms and conditions of their commercial property policies.
FirstOnSite Restoration has opened a permanent branch in Edmonton, Alberta, after working there for the past few months following the Slave Lake fires. The restoration firm also opened a branch in Medicine Hat, Alberta earlier this year to continue to…
ACE Canada held its Ladies Forum Tea at the Château Laurier on Sept. 20 during the RIMS Canada Conference in Ottawa. Ladies from across the industry donned fascinators and engaged in conversation while enjoying a cup of tea and finger-sized…
The Ontario Pond of The Honourable Order of the Blue Goose hosted “Shuck Em and Shake Em” Martini Night at Toronto’s C Lounge on Oct. 27. Ganders gathered and networked within the ultra-chic environment of the ‘spa-inspired’ lounge, sampling a…
Catlin Canada held its summer broker appreciation event at Woodbine Race Track, featuring an evening of thoroughbred horse racing. About 100 people were in attendance for a full dinner and some friendly wagering.
Allianz Global Corporate & Specialty hosted its 6th annual Oktoberfest at the Bier Markt in Toronto on Oct. 12. This year’s event saw more than 200 business partners and clients enjoying an evening with the AGCS team, celebrating the spirit…
Severe weather and climate change can call insurers’ pricing assumptions into question, create work overloads in response to large claims events and potentially lead insurers to cut back on offering certain forms of coverage, according to a survey conducted by…
Delegates of the 2011 National Insurance Conference of Canada (NICC) held in Vancouver, BC enjoyed the opportunity to share refreshment and conversation during the opening night of the conference. The conference raised more than $21,000 through donations made in lieu…
Consolidating a court case concerning income replacement benefits (IRB) with a related arbitration matter on catastrophic injury determination, each of which was filed within their respective limitation periods, cannot result in the consolidated arbitration being statute-barred, the Ontario Superior Court…