Claims
A significant portion of the Canadian population isn’t insurable for natural catastrophes (NatCats), says Aviva Canada's CEO.
By David Gambrill | March 10, 2023
3 min read
A Canadian engineering giant Black & McDonald has been hit with a ransomware attack, said an Ontario Power Generation spokesman.
By Jason Contant | March 9, 2023
4 min read
Canada’s four publicly-traded insurance companies reported strong underwriting performance and “very good” combined ratios for Q4 2022.
By Alyssa DiSabatino | March 8, 2023
2 min read
Aviva Canada now offers parametric excess rain coverage, in partnership with a Swiss-based Insurtech, to help its commercial clients.
By David Gambrill | March 8, 2023
Good corporate culture can be hard to define but Canada's regulator of financial institutions is working on a set of draft requirements
By Phil Porado | March 7, 2023
P&C insurance advisors for RBC Insurance Agency Ltd. have had their class action certified over vacation and holiday pay.
By David Gambrill | March 7, 2023
5 min read
The Office of the Superintendent of Financial Institutions’ (OSFI) today released the final version of Guideline B-15: Climate Risk Management for federally regulated financial institutions (FRFIs).
By Alyssa DiSabatino | March 7, 2023
“The government of the N.W.T. will not support the release of tailings unless rigorous science shows how to do it."
By Jason Contant | March 7, 2023
TORONTO – A fierce winter storm has dumped heavy snow across southern Ontario, where strong winds, thunder and lightning were also reported. Environment Canada meteorologist Haizhen Sun says between 22 and 30 centimetres of snow fell on the Greater Toronto Area as of 6 a.m. today, prompting the city of Toronto to declare a “major […]
By The Canadian Press | March 6, 2023
To ensure commercial P&C’s market relevance, insurers will need to find a way to address the “structurally changing nature of risk,” by closing protection gaps, said a recent McKinsey report. There’s been a change in commercial insurance penetration in recent years, McKinsey noted. After adjusting for rate growth, global premiums lagged significantly (-11% in […]
By Alyssa DiSabatino | March 6, 2023
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