News

AIG’s Sale of Asian Business on Hold: Globe and Mail

In an apparent effort to buy time and attract a better offer, American
International Group (AIG) is handing …

AIG to Spin Off Operations

AIG will spin off its major operations into independent companies in
what CEO Edward Liddy calls “the most …

Congressmen Seek AIG Bailout Study

How will the AIG bailout ultimately affect other insurers? Two U.S. congressional leaders are asking the Government Accountability Office (GAO) to study the troubled company’s …

Briefly…Ratings Shift for Swiss Re Canada

Ratings agency A.M. Best has withdrawn rankings for Swiss Re Canada in the wake of the company’s transfer of business to parent company Swiss Re. …

Traditional Industry? There’s Room for Creativity: Rotman Dean

Even highly traditional, regulated industries like insurance have room for creative leadership, according to Roger Martin, dean of the Rotman School of Management.
“Any industry can …

Consumers cheering up: IG poll

The spectre of further economic decline and climbing unemployment is weighing less heavily on the Canadian consumer, according to a Harris/Decima survey conducted for Investors …

Briefly…More Restructuring for AIG?

AIG could face radical restructuring in the coming weeks. After two government bailouts, a third could see the troubled insurer split into three separate units: …

Briefly…ICBC Issues Claims Card

British Columbia’s public auto insurer wants to alleviate some of the stress of car accidents with a claims information card. The card reminds policyholders to …

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, …

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