Claims
Allianz SE plans to integrate climate protection into its entire business portfolio – a move that will include ending financing of coal-based business models – the insurer announced in the run-up to the UN Climate Change Conference in Paris. “Our knowledge of risk, financial resilience and long-term investments enable us to offer effective support for […]
By Canadian Underwriter | November 26, 2015
3 min read
DUBAI, United Arab Emirates – A year’s worth of rain deluged parts of Qatar on Wednesday as seasonal storms moving through Saudi Arabia flooded streets in a city northwest of the capital, Riyadh. The storm system clouded skies over parts of the Arabian Peninsula, but struck Doha, the capital of Qatar, particularly hard. At Hamad […]
By Canadian Underwriter | November 25, 2015
1 min read
Blood tests for a brain protein could predict cognitive impairment in patients with concussions, researchers suggested in a study released this week. Mild traumatic brain injury (TBI), or a concussion, “frequently doesn’t even receive medical attention,” the Philadelphia-based Perelman School of Medicine at the University of Pennsylvania suggested in a press release Monday. “Concussion is […]
2 min read
Commercial insurance rates decreased globally during 2015 Q3 – posting a global composite decline of 4.8% – marking the tenth consecutive quarterly decline, notes the November 2015 edition of Marsh’s Global Insurance Market Quarterly Briefing. Released Tuesday, the briefing shows renewal rates fell in all regions and in most lines of business during the third […]
WARSAW, Poland – Poland’s new conservative government has shut down the website of a state investigation into the 2010 plane crash that killed President Lech Kaczynski, reopening debate over the disaster. Law and Justice, the conservative party that took power last week, is led by Jaroslaw Kaczynski, the late president’s twin brother. Kaczynski and other […]
The Supreme Court of Canada will announce Thursday whether it will hear an appeal from a British Columbia dentist who sued his neighbours – along with the Vancouver Fraser Port Authority and Transport Canada – after slicing his wrist while shelling crabs on a dock. Dr. Lyle Agar injured his wrist March 31, 2008 while […]
Allianz SE plans to meet the transforming insurance industry head-on by strengthening resilience and creating scale in important markets in a bid to achieve new growth and profitability targets. The insurer “will strengthen its foundations with a multi-year Renewal Agenda, positioning itself as a digital leader, investing in promising business models, and pursuing consolidation opportunities […]
An investigation by the Transportation Safety Board of Canada, into a fire aboard a passenger vessel in the summer of 2014, has found that the vessel lacked written emergency procedures and that it was not required by regulation to have a safety management system. A recommendation issued by TSB in 2004, that Transport Canada “take […]
By Canadian Underwriter | November 24, 2015
BERLIN – German financial group Allianz SE, one of the world’s largest asset managers, said Tuesday it would over the next six months decrease investments in companies using coal and boost funding on those focused on wind power. CEO Oliver Baete said Allianz will no longer invest in companies if more than 30% of sales […]
Saskatchewan Government Insurance announced Tuesday several changes to its safe driver recognition program, which provides discounts to safe drivers and increases premiums for drivers with incidents or convictions. SGI said in a press release the province has approved recommendations put forward by SGI, the government’s monopoly auto insurance carrier. For premiums, SGI has neutral, penalty […]
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
