All the headlines from our Canada Topic Page, ordered by recency.
Oct 31 2012 // Toronto-based Manulife Financial, one of North America’s largest insurers, said its exposure to Hurricane Sandy was manageable and within its risk tolerance.The company, based in Toronto, is primarily a life insurer,...
Oct 29 2012 // Officials in Hawaii reopened the state’s ports on Sunday and canceled a tsunami advisory as fears receded that there would be damaging waves from a powerful earthquake off the coast of Canada.The Pacific Tsunami...
Oct 5 2012 // CNA, a global business insurer, is now using CargoNet and the National Equipment Register (NER) — two national information sharing systems designed to help policyholders combat the growing problems of cargo and heavy...
Oct 3 2012 // New research, conducted by market research consultants Finaccord, reveals that “competition among underwriters of professional indemnity insurance in Australia and Canada is at least as strong as in Europe’s...
Sep 13 2012 // Verisk Crime Analytics has launched national information sharing systems designed to help Canadian insurers and their policyholders combat the growing problems of cargo and heavy equipment theft. Verisk Crime Analytics is...
Sep 10 2012 // The core of Tropical Storm Leslie passed 120 miles (200 km) east of Bermuda, bringing sustained winds of 39 mph (and gusts of up to 54 mph) and heavy rains to the island on Sunday, Sept 9.Leslie is currently accelerating...
Aug 27 2012 // XL Group plc’s reinsurance operations in Bermuda announced the appointment of Tim Fisher as Senior Vice President & Canadian Branch Manager.He reports to Managing Director & Head of Casualty Reinsurance in...
Aug 16 2012 // General Motors is recalling more than 10,000 full-size vans in the U.S. and Canada because the fuel filler pipes can rust, leak and cause fires.The recall from the Detroit, Mich.-based auto maker affects Chevrolet Express...
Aug 15 2012 // The Insurance Bureau of Canada (IBC) reports that the estimated insured damage caused by the recent severe thunderstorm event that hit the Edmonton area in July amounts to more than $100 million.The IBC noted that the...
Aug 10 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of UK-based Electrical Contractors’ Insurance...
Aug 3 2012 // The Netherlands-based group ING, which has been forced to sell assets in return for receiving state aid during the financial crisis, said it is considering the sale of its UK and Canadian online banking units, estimated to...
Aug 1 2012 // Aon Infrastructure Solutions, the global risk advisory group for alternative project delivery of Aon plc, announced that Tariq Taherbhai has joined the firm as a director of the unit.He has “extensive legal...
Jul 24 2012 // Canadian investor Prem Watsa, dubbed the “Warren Buffett of the North,” has nearly doubled his company’s stake in embattled BlackBerry maker Research In Motion Ltd (RIM) to just under 10 percent,...
Jul 19 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Barbados-based CIBC Reinsurance Company Limited (CIBC Re), both with stable outlooks....
Jun 28 2012 // The Bermuda-based Catlin Group Limited announced that David Huebel will take over as CEO of Catlin Canada, effective July 3. Catlin Canada is the Group’s Canadian underwriting hub, headquartered in Toronto with...
Jun 20 2012 // Insurance software company Applied Systems announced that Jeffrey D. Purdy has been appointed senior vice president and general manager of Applied Systems Canada. He is an Ontario native and a Canadian insurance industry...
Jun 18 2012 // WNS Global, South CarolinaAn Indian company is slated to open a new facility to process insurance claims and provide insurers other financial and accounting services that could create up to 750 new jobs in South Carolina....
Jun 18 2012 // strong>Arthur J. Gallagher & Co., Grossman & AssociatesArthur J. Gallagher & Co. has acquired Grossman & Associates Inc. in Beachwood, Ohio. Terms of the transaction were not disclosed. Founded in 1980,...
Jun 18 2012 // Americans love their sports and entertainment, and right now so does the insurance industry. Insurers are renewing their focus on this class where they see potential, even in the midst of what seems like a never-ending...
Jun 11 2012 // A.M. Best Co. has reviewed and maintained the under review status of the financial strength ratings of A (Excellent) and issuer credit ratings (ICR) of “a+” of Aviva Insurance Company of Canada and its...