Segment
Reinsurance
Power of Small
November 2, 2018 David Gambrill, Editor-in-ChiefCanada’s reinsurance marketplace, featuring a relatively small piece of the global premium pie, creates a challenge for reinsurers to grow their business. So why do reinsurers remain optimistic about their future prospects?
Introducing the new Canadian Underwriter, “Your Guide to Insurance Success”
October 10, 2018 Ian Portsmouth, PublisherWhatever your role in the industry, you can rightfully feel harried by the demands of an insurance career today. You’re certainly dealing with more change and complexity than the people who received the debut issue of this magazine in January…
Canada’s #1 insurance publication relaunches with bold new look and editorial mandate
October 10, 2018 Newcom Media Inc.TORONTO, Oct. 10, 2018 /insPRESS/ – Canadian Underwriter magazine relaunched today with the publication of its October 2018 issue, introducing an energetic look, functional design and editorial mandate expressed by its new tagline: “Your Guide to Insurance Success.” Now in its…
How blockchain can help fight insurance fraud
September 24, 2018 by Jason ContantBlockchain for insurance has various oft-touted benefits – reduced costs and simpler and faster transactions, among them – but it can also be used to combat fraud, said David Verbeeten, a domain expert in insurance at software company ConsenSys. Verbeeten…
Will Hurricane Florence affect reinsurance rates in Canada?
September 12, 2018 by Jason ContantAs the southeastern United States braces for Hurricane Florence – one year after Hurricanes Harvey, Irma and Maria caused widespread destruction in the country – the question of whether there is sufficient reinsurance capacity is again thrust into the spotlight.…
This reinsurer says rates need to go up
September 10, 2018 by Jason ContantUnderwriting margins will need to improve by at least six to nine points in major western markets to deliver sustainable returns, according to the latest sigma report from global reinsurer Swiss Re. The report Profitability in non-life insurance: mind the…
Aspen Insurance agrees to be taken private
September 1, 2018 by Greg MeckbachAspen Insurance Holdings Ltd., which writes risks in Canada, has tentatively agreed to be bought for US$2.6 billion. If the deal closes, Hamilton, Bermuda-based Aspen will be owned by private equity firm Apollo Global Management LLC of New York City.…
Toronto’s density, old sewer system lead to flooding, observers say
August 22, 2018 Gabriele Roy - THE CANADIAN PRESSTORONTO – Steady rain and thunderstorm warnings in Toronto on Tuesday had residents bracing for waterlogged streets and transit delays for the third time in as many weeks, with the city saying it was prepared to respond quickly to urgent…
On the Scene: IBAA Annual Convention, May 6-9, 2018
August 16, 2018 by Ian PortsmouthBeautiful Banff was again the setting for the Annual Convention of the Insurance Brokers Association of Alberta (IBAA), held May 6-9, 2018. Canadian Underwriter was the exclusive national media sponsor of the event, which kicked off with a golf tournament…
Will Aviva Canada and Crawford & Company retain their crowns in 2018?
August 15, 2018 Insurance NexusTORONTO, August 15, 2018 /insPRESS/ – Voting has opened in the third annual 2018 Insurance Nexus Canadian Awards, Insurance Nexus have announced. Recent research conducted by Insurance Nexus has shown that 94% of senior insurers agree that AI will deeply…
Major consolidation this year in reinsurance industry?
July 31, 2018 by Greg MeckbachMergers and acquisitions will likely be a topic of discussion for mid-market reinsurers, executives with a large European reinsurer suggest. Efforts by large reinsurers to improve productivity will put “more pressure” on mid-sized and smaller reinsurers “to have this strategic…
The trick to getting blockchain to work for insurance
July 30, 2018 by Jason ContantThe trick to getting blockchain to work in the insurance space is getting all the players in the market to align and agree on common standards and a way to govern the blockchain, Aon Benfield’s chief information officer said Friday.…