News

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, …

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 …

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 …

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 …

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