Property and casualty insurance industry – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 12 Sep 2024 21:13:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Property and casualty insurance industry – Investment Executive https://www.investmentexecutive.com 32 32 CCIR plans overhaul of complaints system oversight https://www.investmentexecutive.com/news/from-the-regulators/ccir-plans-overhaul-of-complaints-system-oversight/ Thu, 12 Sep 2024 21:13:14 +0000 https://www.investmentexecutive.com/?p=492610 Reforms follow a review that found shortcomings in existing arrangements

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Aon to acquire NFP in major brokerage merger https://www.investmentexecutive.com/news/industry-news/aon-to-acquire-nfp-in-major-brokerage-merger/ Wed, 20 Dec 2023 16:26:41 +0000 https://www.investmentexecutive.com/?p=477632 NFP had recently expanded its wealth management capabilities

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OSFI enhances outsourcing oversight expectations https://www.investmentexecutive.com/news/from-the-regulators/osfi-enhances-outsourcing-oversight-expectations/ Mon, 24 Apr 2023 20:24:39 +0000 https://www.investmentexecutive.com/?p=464389 Regulator's new guidance to take effect in May 2024

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Massive bushfires highlight rising climate risk https://www.investmentexecutive.com/news/research-and-markets/massive-bushfires-highlight-rising-climate-risk/ Tue, 14 Jan 2020 19:01:46 +0000 https://www.investmentexecutive.com/?p=393542 More frequent, intense disasters pose a long-term threat

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Kingsway Financial Services sells non-standard auto insurance business https://www.investmentexecutive.com/news/industry-news/kingsway-financial-services-sells-non-standard-auto-insurance-business/ Mon, 16 Jul 2018 14:25:49 +0000 https://www.investmentexecutive.com/?p=353504 The sales is expected to close in the third quarter

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Economical Insurance delivers demutualization plan to OSFI https://www.investmentexecutive.com/news/industry-news/economical-insurance-delivers-demutualization-plan-to-osfi/ Tue, 26 Jun 2018 18:10:07 +0000 https://www.investmentexecutive.com/?p=352841 The plan sets out how the P&C insurer aims to convert to a public company from one owned by its policyholders

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Desjardins to rebrand State Farm business https://www.investmentexecutive.com/news/industry-news/desjardins-to-rebrand-state-farm-business/ Tue, 21 Nov 2017 20:30:00 +0000 https://avatar.investmentexecutive.com/uncategorized/desjardins-to-rebrand-state-farm-business/ The State Farm Canada operations acquired almost three years ago will be rebranded as Desjardins Insurance beginning next May

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Fairfax Financial sells Singapore insurance business for US$1.6 billion https://www.investmentexecutive.com/news/industry-news/fairfax-financial-sells-singapore-insurance-business-for-us1-6-billion/ Thu, 24 Aug 2017 20:45:00 +0000 https://www.investmentexecutive.com/uncategorized/fairfax-financial-sells-singapore-insurance-business-for-us1-6-billion/ The sale will net US$900 million of after-tax profit

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Wawanesa completes purchase of Western Financial, Western Life https://www.investmentexecutive.com/news/industry-news/wawanesa-completes-purchase-of-western-financial-western-life/ Wed, 05 Jul 2017 17:59:00 +0000 https://www.investmentexecutive.com/uncategorized/wawanesa-completes-purchase-of-western-financial-western-life/ There are no plans to close or relocate any of Western’s existing 157 locations or affiliates

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Cyber insurance business growing rapidly https://www.investmentexecutive.com/news/research-and-markets/cyber-insurance-business-growing-rapidly/ Fri, 23 Jun 2017 14:20:00 +0000 https://www.investmentexecutive.com/uncategorized/cyber-insurance-business-growing-rapidly/ AIG, XL Group and Chubb had a combined market share of approximately 40% as of the end of 2016, new Fitch report finds

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