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Latest Activity

Profile Iconi-hire : Careers
yesterday
Profile IconDavid Melhuish, Barb Clegg, Donna Fansher and 2 more joined instouch
yesterday
Profile IconCanadian Underwriter : Headline News

Draft regulations for demutualization of p&c companies released

Canada’s Department of Finance has issued long-awaited draft regulations for the demutualization of Canadian property and casualty insurance companies. See More
yesterday
Profile IconCanadian Underwriter : Headline News

Net income down 6.2%, premiums up 2% at FM Global

Factory Mutual Insurance Company (FM Global) announced Friday its net income for 2014 dropped 6.2% to $956.4 million, from $1.02 billion in 2013, while net premiums earned increased 2% to $3.6 billion. All figures are in United States dollars. See More
yesterday
Profile IconCanadian Underwriter : Headline News

Improvements needed in property damage/business interruption policies, Marsh says

There are five core areas in property damage/business interruption policies where improvements are required, said a Feb. 26 report from Marsh LLC. See More
yesterday
Profile IconCanadian Underwriter : Headline News

IBC CEO praises Nova Scotia auto insurance reform

In considering reforms to auto insurance, Ontario policymakers should look at what their Nova Scotia counterparts have done, suggested Don Forgeron, president and CEO of the Insurance Bureau of Canada, in a recent speech in Halifax. See More
yesterday
Profile IconCanadian Underwriter : Headline News

Underwriting loss $939 million, net income $3.6 billion at State Farm property & casualty firms

State Farm reported Friday its property & casualty companies had an underwriting loss of $939 million in 2014 compared to an underwriting gain of $230 million in 2013, with net income of $3.6 billion in 2014. All figures are in U.S. dollars. See More
yesterday
Profile IconCanadian Underwriter : Headline News

Private sector concerned about political, regulatory risk associated with helping meet global infrastructure demand: report

Beyond the public sector, private investors and operators are needed to meet the world’s huge infrastructure demand, but they are concerned about political and regulatory risk, suggests a new report issued this week as part of the World... See More
Friday
Profile IconCanadian Underwriter : Headline News

Combined ratio in Canada drops to 98% in 2014 for RSA Group

RSA Group has released its 2014 preliminary results, which showed that its combined ratio for Canada in 2014 was 98%, compared to 100.7% in 2013. See More
Thursday
Profile IconCanadian Underwriter : Headline News

Q1 insurance revenues down 1.2% at TD Bank

Canada’s largest direct insurance writer, the Toronto-Dominion Bank, reported Thursday a 1.2% drop in first-quarter insurance revenues – including home, auto, life, health and travel – from $910 million in 2014 to $899 million... See More
Thursday
Profile IconCanadian Underwriter : Headline News

Insurance customers report higher satisfaction rates when dealing with agents than over the phone or web: report

Insurance customers surveyed report a higher rate of satisfaction while dealing through agents rather than through the Internet and carriers need to “expand their use” of catastrophe modeling tools, Cap Gemini SA and Efma suggest in... See More
Thursday
Natalie T. posted a discussion

Instant Payment Vehicle Now Available for International Employers and Firms

TORONTO, Feb. 9, 2015 /PRNewswire/ -- Madison Insurance Group is pleased to announce its international Pay with Q MasterCard, a dual-modality card with benefits designed for both payroll and payouts.With an impressive feature-set, the…See More
Thursday
Profile IconCanadian Underwriter : Headline News

New Canadian jail looks at ways of keeping out drug drones flying overhead

HALIFAX - One of Canada's newest jails is researching the use of detectors to prevent the invasion of drug-bearing drones that have plagued some North American prisons. See More
Thursday
Profile IconCanadian Underwriter : Headline News

Natural disasters in Asia and the Pacific cost nearly US$60 billion in economic losses, UN report says

More than half of the world’s 226 natural disasters occurred in the Asia and Pacific region last year, affecting 80 million people and costing nearly $60 billion in economic losses, said a new report from the United Nations. See More
Thursday
Profile IconCanadian Underwriter : Headline News

Allianz Group operating profit, revenues up in 2014 over 2013

Allianz Group saw operating profit increase to 10.40 billion euros in 2014, up 3.3% from 10.07 billion euros in 2013, with the Property and Casualty insurance segment delivering more than half of the Group total, notes a statement issued... See More
Thursday
Samantha M updated their profile
Thursday
Profile IconCanadian Underwriter: insPRESS

Pario Engineering and Environmental Sciences welcomes Anthony (Tony) Petruccelli as Director of Business Development, Ontario

Toronto – Pario Engineering and Environmental Sciences (Pario), one of Canada’s top providers of engineering and environmental services, announced today that it has welcomed Anth... See More
Thursday
Profile IconCanadian Underwriter : Headline News

Global insured catastrophe losses in 2014 hit lowest level in five years: Guy Carpenter

Global insured losses in 2014 were at the lowest level seen since 2009, Guy Carpenter & Company LLC, a global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies, said in its annual Global... See More
Wednesday
Profile IconCanadian Underwriter : Headline News

Record snowfall in New England tests insurers' claims handling capabilities: A.M. Best

The amount of snowfall in the New England region this year will test insurers’ claims handling capabilities and processes as they scramble to adjust and monitor the status of all of the claims, said a Feb. 24 briefing report from A.M.... See More
Wednesday
Profile IconCanadian Underwriter : Headline News

Storm causes ferry service cancellation, school closures in Atlantic Canada

HALIFAX - School cancellations and travel delays were reported across a wide swath of the Maritimes on Wednesday as another winter storm descended on the region. See More
Wednesday

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Breaking Insurance News

Draft regulations for demutualization of p&c companies released

Canada’s Department of Finance has issued long-awaited draft regulations for the demutualization of Canadian property and casualty insurance companies.

Net income down 6.2%, premiums up 2% at FM Global

Factory Mutual Insurance Company (FM Global) announced Friday its net income for 2014 dropped 6.2% to $956.4 million, from $1.02 billion in 2013, while net premiums earned increased 2% to $3.6 billion. All figures are in United States dollars.

Improvements needed in property damage/business interruption policies, Marsh says

There are five core areas in property damage/business interruption policies where improvements are required, said a Feb. 26 report from Marsh LLC.

IBC CEO praises Nova Scotia auto insurance reform

In considering reforms to auto insurance, Ontario policymakers should look at what their Nova Scotia counterparts have done, suggested Don Forgeron, president and CEO of the Insurance Bureau of Canada, in a recent speech in Halifax.

Underwriting loss $939 million, net income $3.6 billion at State Farm property & casualty firms

State Farm reported Friday its property & casualty companies had an underwriting loss of $939 million in 2014 compared to an underwriting gain of $230 million in 2013, with net income of $3.6 billion in 2014. All figures are in U.S. dollars.

insPRESS.ca Releases

Pario Engineering and Environmental Sciences welcomes Anthony (Tony) Petruccelli as Director of Business Development, Ontario

Toronto – Pario Engineering and Environmental Sciences (Pario), one of Canada’s top providers of engineering and environmental services, announced today that it has welcomed Anth...

AssessMed Receives Full CARF Accreditation

Mississauga, Ont. – AssessMed is pleased to announce that it has received a three year accreditation from CARF (Commission on Accreditation of Rehabilitation Facilities) International. This is t...

Free Live Webinar - WEBINAR Invitation: How location can mitigate risk exposure to your portfolio

                       Canadian Underwriter magazine and DMTI Spatial have partnered to offer a webinar on how location can provi...

Fracking Induced Earthquakes

On March 12, 2015, Dwayne Hermes, founding partner of Hermes Sargent Bates, LLP will be presenting an information update on the effects of hydraulic fracking and the implications it has on seismic act...

Digital Edition of Canadian Underwriter's February 2015 Issue

Canadian Underwriter magazine’s February 2015 issue Digital Edition Cover Story – ‘Bringing Data Home’ ➝ Sometimes seen as the “poor cousin” to aut...

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