All the headlines from our Canada Topic Page, ordered by recency.
Apr 4 2014 // Allianz SE, Europe’s biggest insurer, is expanding in Canada, targeting protection for the energy and mining industries.The insurer, which offers corporate property and casualty coverage in Canada through brokers,...
Apr 1 2014 // Jerry Hourihan has been named president of American International Group’s (AIG) Private Client Group for the U.S. and Canada. He will report to Ralph Mucerino, CEO of Consumer Regional, Americas. Hourihan will be a...
Apr 1 2014 // Ironshore Canada Ltd. has announced the appointments of key executives within its Mergers & Acquisitions division and for IronPro, the professional and management liability unit of Ironshore Inc.Ironshore named Andrew...
Mar 26 2014 // Canadian National Railway Co. will phase out its fleet of 183 older tank rail cars used to transport diesel fuel over the next four years, as it works to improve safety following a string of industry accidents involving...
Mar 24 2014 // Compared to some previous years, there were not a lot of mergers in the property/casualty carrier space in 2013 but there were some interesting ones.Major carrier transactions included specialty insurer Markel’s...
Mar 21 2014 // The Canada Pension Plan Investment Board (CPPIB) announced that it has agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity firms, the first...
Mar 20 2014 // Energi, a Massachusetts-based industrial reinsurance company, which provides risk management and insurance programs for the energy industry, announced that it will provide an Energy Savings Warranty (ESW) for the Toronto...
Mar 13 2014 // Canadian underwear brand UNDZ has announced that as of March 15 it has arranged to provide a “$50,000 insurance policy to protect its customers’ most prized asset” – in simpler terms it’s offering...
Feb 28 2014 // After less than a month on the job, RSA Insurance Group Plc Chief Executive Officer Stephen Hester announced a stock sale and tapped Warren Buffett for reinsurance to help strengthen the insurer after its scandal in...
Feb 21 2014 // Agents and brokers who are not selling trade credit insurance – also known as receivables insurance – are missing huge opportunities but also opening themselves up to errors and omission (E&O) exposures, according...
Feb 18 2014 // Canadian Pacific Railway Ltd is slapping a surcharge on customers who transport crude in older tank cars, following its larger rival in seeking to deter shippers from using the model involved in a series of fiery...
Feb 13 2014 // Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and member of Marsh & McLennan Companies, 2013 Catastrophe Review concludes that “natural catastrophes and man-made disasters...
Feb 13 2014 // Canadian National Railway is charging shippers more to transport crude oil in older tank cars, one of the first signs that rail operators are actively discouraging use of the type of cars involved in several dramatic...
Feb 3 2014 // Starr Companies announced that it has received a Federal Order from the Office of the Superintendent of Financial Institutions in Canada (OSFI) approving Starr Insurance & Reinsurance Limited, and that it has...
Feb 2 2014 // A Canadian National Railway Co. train carrying fuel oil and other hazardous materials derailed and was leaking in southeast Mississippi on Friday, forcing the evacuation of nearby residents, officials said.No one was...
Jan 28 2014 // In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area, who would be responsible for the compensation for deaths, injuries, damage to property and...
Jan 27 2014 // Warning that a “major loss of life” could result from an accident involving the increasing use of trains to transport large amounts of crude oil, U.S. and Canadian accident investigators urged their governments...
Jan 24 2014 // North American regulators should phase out the type of rail car involved in last July’s deadly Lac-Megantic crash “sooner rather than later,” Canadian investigators said on Thursday, urging the United...
Jan 16 2014 // Desjardins Group, a leading cooperative financial group in Canada, has agreed to purchase State Farm Canada’s property/casualty and life insurance businesses, as well as its Canadian mutual fund, loan and living...