News

ING Canada’s Insurance Arm Becomes Intact Insurance

Under Dutch ownership, it carried the name of its financial giant parent. As a wholly-owned Canadian company, the former ING Insurance Company of Canada will …

Insurance CEOs Wary About Challenges, Risks: PWC Survey

Insurance executives have more faith in economic recovery than those in other sectors, but they are still wary in the face of the challenges ahead, …

ING Canada Now Independent

ING Canada Inc. has completed its previously announced private placement, through which a number of institutional investors bought 36.2 million shares in the company from …

Cat Losses, Market Conditions, Slow Ratings Action: A.M. Best

Perfect storm conditions-a rocky economic climate and high cat losses– hit U.S. P&C insurers hard last year, driving underwriting losses of US$21.5 billion and an …

Will Customer Satisfaction Drive Rebound for Insurers?

If shoppers will help spur an economic rebound, then property casualty insurers are well positioned to recover before other industries, according to a recent study …

Briefly…EFI Global, Cunningham Lindsey, Join Forces

Forensic engineering firm EFI Global has joined forces with adjusting specialist Cunningham Lindsey, the two companies announced last week. The merger combines the resources of …

Briefly…Munich Re Maps Natural Hazards

Munich Re has added to the industry’s risk research toolbox—creating a virtual map of the world’s natural hazard zones. The company launched this year’s Globe …

Recession Fails to Dampen Canadian Buyouts

The economic doom and gloom that dominated the latter half of 2008 did not decimate Canada’s buyout industry, according to a report.
Deal activity in …

Equity markets pummel insurers’ earnings

The rapid sell-off on equity markets in Q3 and Q4 of 2008 took a heavy toll on Canada’s top insurance carriers, but Sun Life, Manulife …

Engaging DC Plan Members

Plan sponsors frequently struggle with their members’ involvement and the choices they make. In times of economic downturn, engagement becomes even more important. But what …

Copyright © 2017 Transcontinental Media G.P.
Transcontinental Media G.P.