Industry
Munich Re, Swiss Re Group, Berkshire Hathaway Group, Hannover Re and Lloyd’s of London are A.M. Best’s Top 5 reinsurers in 2006, based on consolidated gross premium written in 2005, according to the ratings agency.”Ranked by 2005 gross written premium in U.S. dollars, 2006’s Top 5 groups accounted for 52% of the total gross premium […]
By Canadian Underwriter | July 25, 2006
1 min read
Opposition Liberals in New Brunswick have called for a public insurance system, criticizing rate increases for owners of recreational vehicles, Canadian Press (CP) has reported.According to CP, Insurance Critic Denis Landry says some people with motorcycles, snowmobiles and all-terrain vehicles have seen their rates increase by as much as 233% this year. Landry is reported […]
By Canadian Underwriter | July 20, 2006
Social skills are more critical for success in insurance than in any other industry, according to a study by PsyMax Solutions, a Cleveland-based, human capital assessment firm.”‘Sociability’ in the workplace means being able to relate to others in a highly-engaging, expressive and lively style,” according to PsyMax Solutions CEO Dr. Wayne Nemeroff. “Of course, sociability […]
By Canadian Underwriter | July 12, 2006
Robert Rukavina has been appointed to PPG Canada’s position of district manager, value added programs for Western Canada.CertifiedFirst national manager Norm Angrove said in a press release that Rukavina will be responsible for “continuing to build the CertifiedFirst Network of collision repair centres, implementing collision centre performance solutions programs, and building insurance relations in Western […]
By Canadian Underwriter | July 11, 2006
The Insurance Bureau of Canada (IBC) is sponsoring four medical students who are cycling across Canada this summer to raise awareness about how to prevent brain and spinal cord injuries.The IBC is offering up to $20,000 in sponsorship money as part of its Be Smart. Be Safe. Injury Prevention Program. Also supporting the bike tour […]
By Canadian Underwriter | July 10, 2006
2 min read
Large and publicly held companies appear to be more advanced than their smaller counterparts in their preparations for a possible avian flu pandemic, according to a study by The Conference Board, a New York-based, global research centre. The report was co-authored by Amy Kao of The Conference Board and David J. Vidal, the research director […]
By Canadian Underwriter | July 7, 2006
Aviva plc, the U.K-based financial services company, and Iowa-based life insurer AmerUs Group Co. both confirmed speculation they are in talks that could lead to Aviva’s acquisition of AmerUs, according to A.M. Best.”Further to recent speculation, Aviva plc confirms it is in discussions with AmerUs Group Co., which may or may not lead to the […]
HUB International Limited (NYSE/TSX: HBG) plans to launch its first regional hub in the Southeastern United States through the planned acquisition of a Florida-based insurance broker.This acquisition represents the platform for HUB’s further expansion in the region. Founder of the Florida brokerage Hector Fortun will lead the new HUB as president of Hub International Florida, […]
Whitehill Technologies, Inc., based in Moncton, NB, has begun shipping the latest version of IStream Publisher, which is part of the InSystems product line that focuses on “speed-to-market” for the insurance industry.”The software gives insurers complete control over document production and fulfillment,” Whitehill says. “It includes pre-defined services for retrieval, assembly, rendering, delivery and storage, […]
By Canadian Underwriter | July 6, 2006
Bateman Chapman, Canada has acquired Toronto-based MGI Loss Adjusters Inc. “MGI brings to Bateman Chapman a group of experienced loss adjusters specializing in the areas of commercial/industrial claims including major mining, course of construction, liability, energy and utility losses in Canada and the U.S.,” Bateman Chapman announced in a public statement. “This expansion places Bateman […]
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