Industry
The Co-operators General Insurance Company reported profits of Cdn$30.3 million for 2007 Q3, compared to Cdn$18 million for 2006 Q3. The improvement was due to stronger underwriting performance, according to The Co-Operators. Gross written premium increased 4.1% to Cdn$571.9 million in 2007 Q3, compared to Cdn$549.3 million in 2006 Q3. The increase is primarily due […]
By Canadian Underwriter | November 5, 2007
1 min read
Atlantic Canadians should brace themselves for Hurricane Noel, which is forecast to track across western Nova Scotia, cross the Gulf of St. Lawrence, and then move through Labrador, the Canadian Hurricane Centre warns. Hurricane Noel is on its way to becoming a powerful, post-tropical storm, but the Canadian Hurricane Centre warns it is expected to […]
By Canadian Underwriter | November 2, 2007
Fairfax Financial Holdings Ltd. has reported profits of Cdn$253.2 million for 2007 Q3, a dramatic increase from 2006s Q3 loss of Cdn$359.2 million. In the first nine months of 2007, net earnings increased to Cdn$532.2 million, compared to a reported profit of Cdn$68.4 million for the same period last year. Fairfax is the parent company […]
Johnson Inc. whose parent company, The Johnson Corporation, is an autonomous member of Royal & SunAlliance has acquired Kingston-based brokerage Thomson Jemmet Vogelzang (The Insurance Centre Inc.).Thomson Jemmet Vogelzang (The Insurance Centre Inc.) is the result of an amalgamation in 2001 of the two-largest Kingston and area insurance brokers, Thomson and Jemmett Insurance Ltd. and […]
By Canadian Underwriter | November 1, 2007
Markel Corporation, parent company of MINT Canadian Specialty, has reported a drop of US$14 million in its gross written premiums for 2007 Q3 over the same period of 2006.The company reported its gross written premium was US$162 million in 2007 Q3.For the nine months ending Sept. 30, 2007, gross written premiums were US$562 million, compared […]
Toronto Insurance Conference (TIC) president Peter McCann has made the most of what the business has offered him and is now giving back in the form of a quiet, understated leadership
By David Gambrill | October 31, 2007
6 min read
Canadian reinsurers are flush with cash and might even be able to sustain a soft market for five more years, but will rate-cutting derail the gravy train?
4 min read
An unresolved B.C. case suggests insurers should be prepared to fight coverage cases on any and all sides of the 49th parallel
By Gary Nijman and Todd Davies | October 31, 2007
5 min read
CEOs need to take a personal interest in making sure their firms have strategies in place for dealing with a looming shortage of commercial underwriters and actuaries
By Michelle Ramsay | October 31, 2007
How Web-based solutions can make insurance brokers more efficient
By Chris Coons and Pat Durepos | October 31, 2007
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