ACE Tempest Re launches Canadian operations
January 8, 2007 by Canadian UnderwriterThe ACE Tempest Re Group has expanded into Canadian markets with the establishment of ACE Tempest Re Canada.The Montreal-based, wholly owned managing underwriter will write all lines of property and casualty reinsurance for the Canadian market.Constantin Petalas has been appointed…
Moves (January 01, 2007)
January 1, 2007 by Canadian UnderwriterThe CIP Society has named J.R. (Bob) Tisdale, vice president of Allstate Canada Group, and president and chief operating officer of Pembridge Insurance Company and Pafco Insurance Company, as the 2006 recipient of the GTA Fellow of Distinction Award. Carla…
ACE INA Insurance opens new Montreal office
November 21, 2006 by Canadian UnderwriterACE INA Insurance, part of the ACE Group of Companies, has opened a new Montreal office. Located at 1800, avenue McGill College, the office will provide commercial property and casualty insurance for the Quebec and Eastern Canadian market.“The opening of…
ESIS Plugs Into Canada
November 1, 2006 David GambrillESIS Canada – an all-new Canadian risk management operation – has launched in Toronto. Using innovative, proprietary technology, the company is able to offer Canadian clients broad access to claims information available on both sides of the Canadian-U.S. border.
What’s New: In brief (October 16, 2006)
October 16, 2006 by Canadian UnderwriterA.M. Best has also affirmed the financial strength ratings of A (Excellent) and the ICRs of “a” of Toronto-based ACE INA Insurance. In addition, the ACE Group’s financial strength ratings (FSR) of A+ (Superior) and the issuer credit ratings (ICR)…
ACE Canada Announces Opening of ESIS Canada Office in Toronto
October 1, 2006 by Canadian UnderwriterESIS, a risk management services company, has opened an office in Toronto under the name ESIS Canada, Inc. ESIS Canada will offer clients in the United States and Canada access to claims management and a wide range of risk control…
ESIS Canada open for business in Toronto
September 15, 2006 by Canadian UnderwriterESIS, a risk management services company, has opened an office in Toronto under the name ESIS Canada, Inc. ESIS Canada will offer clients in the United States and Canada access to claims management and a wide range of risk control…
What’s New: In Brief (May 30, 2006)
May 30, 2006 by Canadian UnderwriterAfter 34 years in the insurance industry, Peter Parkin, the chief operating officer of Sovereign General Insurance Company’s Calgary operations, has announced his intention to retire as of February 28, 2007.Parkin has served at Sovereign for the past 13 years…
ACE elects new board member
May 19, 2006 by Canadian UnderwriterACE Ltd. (NYSE:ACE) recently elected Mary A. Cirillo to its Board of Directors. Cirillo has served as an advisor to Hudson Venture Partners, a New York venture capital firm, since 2003 and as chairman of OPCENTER, a network operations services…
Moves (April 01, 2006)
April 1, 2006 by Canadian UnderwriterEllen J. Moore, president and CEO of Chubb Insurance Company of Canada, is among the winners of the 2006 McGill Management Achievement Awards. At a February ceremony held in Montral, Moore joined Auditor General of Canada Sheila Fraser, Cirque du…
ACE INA Insurance gets ‘A’ rating, S&P’s
December 6, 2005 by Canadian UnderwriterToronto-based, ACE INA Insurance Co. (ACE Canada) recently received a ‘A’ long-term counterparty credit and financial strength ratings from S&P’s. “The ratings reflect ACE Canada’s focused product selection in the Canadian commercial property and casualty (P&C) market, while recognizing the…
Rebuilding capital after the storms
November 1, 2005 by Canadian UnderwriterACE Limited is selling 28 million of its ordinary shares – at a price of $45.58 per share – in a public offering expected to raise gross proceeds of more than $1.3 billion. ACE has also granted to underwriters an…