Canadian Underwriter

News Commercial LinesInsuranceLegislation / Regulation

An emerging commercial risk with growth opportunity

September 30, 2019 by Greg Meckbach

Companies providing electric scooters and similar devices are spawning a growing market for commercial insurance, an analyst with A.M. Best Company Inc. suggests. There is no standard definition of “micro mobility” but it often refers to small “last-mile” modes of

News Earnings / RatingsInsuranceReinsurance

Why A.M. Best gave the global reinsurance segment a ‘stable’ outlook

December 6, 2018 by David Gambrill

CORRECTION: An earlier version of this story incorrectly stated that A.M. Best had changed its outlook for the global reinsurance sector from ‘Stable’ to ‘Negative.’ In fact, the outlook changed to ‘Stable’ from ‘Negative.’ Canadian Underwriter apologizes for the error.

News InsuranceLegislation / RegulationMarkets / Coverages

How this province is limiting the scope of cannabis risk

September 27, 2018 by Jason Contant

Ontario will soon introduce legislation defining the scope of recreational marijuana use, just weeks before the federal government is scheduled to legalize pot on Oct. 17. The governing Progressive Conservative Party is introducing a tightly-regulated regime in which municipalities will

News InsuranceLegalLegislation / RegulationRisk

Risk appetite for marijuana ‘all over the map’

September 17, 2018 by Greg Meckbach

Some insurance companies “want no part” of covering risks related to cannabis in Canada, an industry analyst warns. As of Oct. 17, it will be legal in Canada for adults to possess up to 30 grams of dried cannabis for

News InsuranceReinsurance

Global reinsurance loss ratio up 7.1 points in first six months of 2016: A.M. Best

September 7, 2016 by Canadian Underwriter

The loss ratio in the global reinsurance market was two points higher during the first six months of this year than the five-year average, while in 2015, Paris-based SCOR SE overtook Omaha, Neb.-based Berkshire Hathaway in A.M. Best Company Inc.’s