All the headlines from our Canada Topic Page, ordered by recency.
Jul 12 2006 // Hub International Limited has acquired life insurance portfolio from Standard International Underwriters Ltd. Details of the purchase by the Toronto-based Hub Financial Inc.were not disclosed.Both HUB Financial and SIU are...
Jul 12 2006 // Canadian business is vulnerable to climate change and the increasing frequency and intensity of natural catastrophes, Lloyd’s Chairman Lord Peter Levene warned in a July 11 speech to the Vancouver Board of...
Jul 4 2006 // EU Leaders Fiddle While Europe Burns: The crisis in the European Union, provoked when French and Dutch voters rejected the EU Constitution, is being largely ignored by Europe’s leaders. Instead of a bit of...
Jun 30 2006 // Integro (Canada) Ltd. announced that Wayne Snow has been appointed principal for the company’s Toronto office. He will lead and develop the company’s Construction Practice in Canada. Snow has 30 years of...
Jun 30 2006 // Integro (Canada) Ltd. announced that Wayne Snow has been appointed Principal for the company’s Toronto office. In this capacity, he will lead and develop Integro’s Construction Practice in Canada. “Snow...
Jun 20 2006 // A.M. Best Co. has upgraded the public data (pd) financial strength ratings of 12 property/casualty Canadian insurers. The bulletin noted that “pd ratings are based solely upon public information and present the most...
Jun 16 2006 // The Insurance Bureau of Canada notes the conclusions of a new study that found the country’s home, car and business insurers believe that “the legal environment in Canada is becoming increasingly uncertain, and...
Jun 14 2006 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of several of AXA Canada Inc.’s property/casualty insurance subsidiaries, as follows: the FSR of “A” (Excellent) of AXA Assurances Inc....
Jun 13 2006 // Standard & Poor’s Ratings Services has affirmed its “BBB-” long-term counterparty credit and senior unsecured debt ratings on Toronto-based Kingsway Financial Services Inc. with a stable...
Jun 8 2006 // Risk Management Solutions (RMS), Newark, Calif., has updated its U.S. and Canada Earthquake models.“Earthquakes east of the Rockies are less common than in the tectonically active West, but can be more severe due to...
May 12 2006 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a+” of Royal Bank of Canada Insurance Company Ltd. (RBCI), which...
Apr 25 2006 // Suncor Energy Inc. reports that it has settled business interruption insurance claims related to a January 2005 fire at the company’s oil sands facilities.The total amount of the BI settlement is approximately $980...
Apr 24 2006 // Mint Canadian Specialty Underwriters, the Canadian niche insurer, has announced the launch of a new and unique product, dubbed “Outbreak Contingency Cover. Mint is part of Markel’s international operations,...
Apr 21 2006 // Patrick Mallet, President and CEO of Paris-based Mobility Saint-Honore, announced the acquisition of Norfolk International Group of Calgary, Alberta, Canada. The Company said it plans to merge Norfolk into its Canadian...
Apr 21 2006 // Directors and officers of companies in Canada will have broader protection for claims made against their personal assets under a new Directors’ and Officers’ policy introduced by Minn.-based St. Paul...
Apr 18 2006 // Oakland Calif.-based EQECAT, Inc., a provider of extreme-risk modeling, announced that Canada’s Commonwealth Insurance Company has signed a licensing agreement to use EQECAT’s WORLDCATenterprise(TM) platform...
Apr 9 2006 // Willis Group Holdings, Ltd. has appointed five new insurance professionals to its Canadian operations. Ayesha Navarro, Murray Kammer, Charles Fogden, Matthew Cook, and Douglas Bundock are based in Toronto,...
Apr 9 2006 // Canada’s home, car and business insurers have countered recent reports suggesting that the cost of homeowner’s insurance in New Brunswick is rising.The industry’s attempt to set the record straight about...
Apr 7 2006 // Allianz Insurance Company of Canada and The Nordic Insurance Company of Canada, both insurance subsidiaries of ING Canada Inc., have announced the completion of their amalgamation under the name of The Nordic Insurance...
Apr 4 2006 // ING Canada announced the acquisition of Grey Power Insurance Brokers Inc. (GPIBI) of Stouffville, Ontario. GPIBI is the largest member in the Grey Power network, accounting for about 50 per cent of its business volume. The...