All the headlines from our Canada Topic Page, ordered by recency.
Dec 30 2021 // Chubb has appointed Paul Johnstone, Chubb Canada’s current executive vice president, Personal Risk Services, to the role of Chubb Canada chief operating officer, reporting to John J. Alfieri, president, Chubb...
Dec 29 2021 // SiriusPoint Ltd., the Bermuda-based global specialty insurer and reinsurer, has announced a strategic investment in PolicyMe Corp., a digital life insurance provider specializing in Canadian individual term life...
Dec 22 2021 // Banyan Risk Ltd., the managing general agent (MGA) that launched in Bermuda this year, is expanding its operations into Canada.Banyan, which underwrites directors and officers (D&O) insurance risk solutions in complex...
Dec 17 2021 // Ratings agency AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of...
Dec 17 2021 // Canada’s Desjardins Group said on Thursday it had reached a settlement with plaintiffs in a lawsuit tied to a massive data breach in 2019, which impacted the personal information of more than 4 million of the...
Dec 14 2021 // SIB Corp., operating as StoneRidge Insurance Brokers (SIB), the Canadian provider of insurance and consulting services, has acquired John Stark & Co. (Stark), to expand its personal, commercial and life insurance...
Dec 9 2021 // Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking a strategic U-turn for the fund in the face of intense competition, people familiar with...
Dec 7 2021 // Global ransomware attacks increased by 151% in the first half of 2021 compared with 2020 and hackers are set to become increasingly aggressive, Canada’s signals intelligence agency said on Monday.The Communications...
Dec 3 2021 // Hundreds of thousands of livestock have perished in floodwaters in Canada’s westernmost province, the British Columbia government said Thursday.Back-to-back deluges from atmospheric rivers have damaged major...
Dec 1 2021 // British Columbia, home to Canada’s biggest port, is bracing for its most intense deluge after a series of damaging rain storms and historic flooding.A so-called atmospheric river is threatening to dump more water on...
Nov 30 2021 // This edition of International People Moves details appointments at the insurer QBE Canada and brokers Amwins Global Risks and Ardonagh Group.A summary of these new hires follows here. QBE Appoints Liberty Mutual’s...
Nov 29 2021 // Definity Financial Corp., the 150-year-old insurer that held its initial public offering [on Nov. 17], will look to use its newfound access to capital to expand through acquisitions, the firm’s top executive...
Nov 22 2021 // Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger — and possibly more destructive — because of climate change, scientists said.Columns in...
Nov 19 2021 // TORONTO – Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising C$2.1 billion ($1.6 billion) in Canada’s second-largest IPO.Waterloo, Ontario-based Definity...
Nov 18 2021 // Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., raised about C$1.4 billion ($1.1 billion) in the largest Canadian initial public offering of the year.A total...
Nov 17 2021 // Traffic at Canada’s largest port has been cut off by what local officials are calling the storm of the century, the latest snag to hit the North American supply chain.Days of torrential rain have pelted British...
Nov 16 2021 // OTTAWA/CALGARY, Alberta – Canada’s Trans Mountain oil pipeline has been shut down temporarily because of rainstorms pounding parts of the province of British Columbia, the operating company said in a statement on...
Nov 12 2021 // NFP, the New York City-based insurance broker and consultant, announced the acquisition of Canada’s Foster Park Brokers Inc.Details of the transaction, which closed on Nov. 1, 2021, were not disclosed. Foster Park is...
Nov 9 2021 // Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., is seeking to raise C$1.25 billion ($1 billion) in an initial public offering, following in the footsteps of...
Nov 5 2021 // TORONTO – Canadian banks and insurers can resume dividend increases and share buybacks and raise executive compensation, the country’s financial regulator said on Thursday, lifting a moratorium it imposed in March...