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ING Canada Inc. (TSX: IIC) reported net income of CD$205.9 million for the three months ended June 30, 2006 – down CD$17.7 million, or 7.9%, from the record results achieved during 2005 Q2. Revenues for 2006 Q2 amounted to CD$1.097 billion, compared to CD$1.112 billion last year. “ING Canada had another quarter of strong performance,” […]
September 30, 2006
1 min read
In conjunction with the B.C. provincial government and police, ICBC is putting auto thieves and their passengers on notice that if they steal a vehicle, they will be held financially responsible.Project No Free Ride is an initiative focused on recovering costs from auto thieves directly through civil litigation. The program’s intent is to deter auto […]
By Canadian Underwriter | September 12, 2006
2 min read
Swiss Re has reported a 2006, first-half net income of CHF 1.6 billion (CD$1.43 billion) up 16%, compared to a strong first half of 2005. Annualized return on equity was 13.9% and shareholders’ equity increased 18% to CHF 27.1 billion (CD$24.23 billion). “We are pleased with our first half results, as they underline our progress […]
By Canadian Underwriter | September 6, 2006
Some time ago, Mark S. Wilson, a lawyer at Anderson Wilson LLP, told a Kingsway General Insurance Company seminar that insurers needed to become better political lobbyists in today’s “plaintiff-friendly legal environment.” The question is: How is this going to happen, and who will spearhead the charge? Certainly, Smith’s observation that the courts are “compensation-minded” […]
By David Gambrill, Editor | August 31, 2006
3 min read
AXA reported its property and casualty revenues increased by 4% during the first half of 2006 to EUR10.8 million (CD$15.6 million). AXA also reported its overall combined ratio improved 0.6 points to 96.9%. “AXA’s performance in the first half of 2006 marks another successful milestone on our path to Ambition 2012,” AXA management board chair […]
August 31, 2006
ING Canada Inc. (TSX: IIC) reported net income of CD$205.9 million for the three months ended June 30, 2006, down CD$17.7 million, or 7.9%, from the record results achieved during 2005 Q2.Revenues for 2006 Q2 amounted to CD$1.097 billion, compared to CD$1.112 billion last year.”ING Canada had another quarter of strong performance,” ING Canada president […]
By Canadian Underwriter | August 10, 2006
AXA reported its property and casualty revenues increased by 4% during the first half of 2006 to EUR10.8 million (CD$15.6 million). AXA also reported its overall combined ratio improved 0.6 points to 96.9%.”AXA’s performance in the first half of 2006 marks another successful milestone on our path to Ambition 2012,” AXA management board chair Henri […]
By Canadian Underwriter | August 3, 2006
IBC changes its vision statement and introduces new priority 'filters'
July 31, 2006
Underwriting analytics can turn buried data into a gold mine
By Klaas Westera, Business Manager, Canadian Operations, Marshall & Swift/Boeckh | July 31, 2006
4 min read
Winmar Property Restoration Specialists have added new Canadian offices in Vancouver, Calgary and Halifax. Winmar is a disaster restoration and general contracting company that specializes in property damage restoration for insurance companies. It currently has 28 locations across the province of Ontario.
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