Claims
WINNIPEG – A Manitoba man may think it was inappropriate for Manitoba Public Insurance to use a photo of a bikini-clad blonde to trick him into getting a court summons through Facebook, but his mom thinks it was a good idea. Andrew Mykichuk says he recently opened up his Facebook page and saw what appeared […]
By The Canadian Press | August 11, 2014
1 min read
Allianz SE released Thursday its financial results for the quarter ending June 30, reporting a 44.5% increase in Allianz Group’s property and casualty underwriting result and an 18.6% increase in the operating profit of Allianz Global Corporate and Specialty (AGCS). In the property and casualty operations for Allianz and its subsidiaries, the Munich, Germany-based insurer […]
By Canadian Underwriter | August 8, 2014
3 min read
WINNIPEG – A Manitoba man says he thinks it was inappropriate for Manitoba Public Insurance to send him a court summons through Facebook. Andrew Mykichuk says he received a Facebook message from what appeared to be a woman he didn’t know who was wearing a bikini, but when he opened it up, there was notification […]
HONOLULU – The first storm in a one-two punch that sent Hawaii scrambling to brace itself weakened on its approach to the state, while a second system close behind was largely expected to pass north of the islands. The National Weather Service downgraded Iselle to a tropical storm about 50 miles before it was expected […]
5 min read
Munich Re has reported a consolidated profit of 769 million euros for the second quarter of the year, up from 542 million euros in the same period last year. For the first six months of the year, the German company’s profits also rose over last year, from 1.51 billion euros to 1.69 billion euros. Munich […]
By Canadian Underwriter | August 7, 2014
BEIJING – The death toll from a powerful earthquake that hit southern China four days ago rose to 615 on Thursday, with 114 other people missing, China’s official news agency reported. A total of 3,143 people were known to have been injured in Sunday’s 6.1-magnitude quake in a mountainous farming region of Yunnan province, Xinhua […]
HONOLULU – Hawaii prepared for what could be the first hurricane to hit the state in more than 20 years as weather officials said an approaching storm wasn’t weakening as previously predicted. Hurricane Iselle had been expected to weaken into a tropical storm before reaching Hawaii’s Big Island on Thursday, but officials now say it […]
2 min read
Insurance payouts for claims from the 2010 Canterbury earthquake have topped $12 billion, the Insurance Council of New Zealand reported Wednesday. As of the end of June 2014, private insurers had paid out $7.7 billion in commercial claims and $4.4 billion in settling residential claims (over cap and out of scope) totalling $12.1 billion. In […]
By Canadian Underwriter | August 6, 2014
Economical Insurance has reported net income of $43.6 million for the second quarter of the year, up from $15.8 million in the same period of 2013. The Waterloo, Ont.-based company also grew its gross written premiums by 2.9% over the second quarter of 2013, from $539.8 million to $555.5 million. Personal lines premium grew by […]
Super Typhoon Rammasun, which hit the Philippines and China in separate landfalls last month, proved to be the costliest severe weather event so far this year, resulting in economic losses of $6.5 billion, Impact Forecasting reported Wednesday. In China, the Ministry of Civil Affairs reported that 272,000 homes had been damaged amid total economic losses […]
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.
