Industry
The fourth annual St Baldrick’s event was held on Mar. 10 at the Duke of Westminster Pub in Toronto. St Baldrick’s started in the United States in 2000 when three reinsurance executives turned their annual St Patrick’s Day party into a fundraiser for Childhood Cancer. Participants raise money by shaving their heads in solidarity with […]
March 31, 2011
1 min read
The HKMB HUB Hockey Challenge for Charity dropped the puck on the 6th annual event on Mar. 7, raising funds for the United Way and WICC (Women in Insurance Cancer Crusade). This event has grown steadily since the inaugural game in 2006; this year, the six-team tournament at the Air Canada Center had more than […]
The Sovereign General Insurance Company hosted an elegant evening of fine food, martinis and jazz at the National Club in Toronto on Mar. 2. Guests were entertained by a talented local jazz trio led by Pat Collins. The event celebrated the significant contribution and support Sovereign has received from its revamped broker network as the […]
Hundreds partied with a purpose at an all-industry St. Patrick’s Day Charity Social on Mar. 10 at Grace O’Malley’s Irish Pub in Toronto. The event’s organizers and five sponsors – Forensic Investigations Canada, Claims Pro, Assessment Rehabilitations Services, Belfor Restoration and Dutton Brock LLP – donated money raised from a prize draw to WICC.
Crawford & Company (Canada) Inc.’s 2010 Crawford Cares campaign raised more than $111,000 for the Women in Insurance Cancer Crusade (WICC), a new record for the company’s annual campaign. Crawford Cares has raised more than $450,000 for WICC since the campaign was established in 2004. Typically, Crawford employees raise between $50,000 and $55,000 annually. The […]
CAA Insurance Company’s claims department did a little something different for Valentine’s Day. “We have a lot of new faces in our department this year, and we wanted to get everyone together for a little social so they would get to know each other away from their desks,” the company said in a statement. CAA […]
Increasing loss ratios in auto liability and other signs indicate Ontario’s auto insurance reforms have not yet eliminated abuses in the auto accident benefits side of the business.Gregor Robinson, senior vice president and chief economist at the Insurance Bureau of Canada (IBC), tackled the question ‘Are the Ontario auto reforms working?’ in a speech he […]
By Canadian Underwriter | March 31, 2011
2 min read
Trends in the 2010 financial results of Canadian property and casualty insurers were “modestly positive,” showing marginal improvement over 2009, according to statistics released by the Insurance Bureau of Canada (IBC).IBC reviewed the 2010 financial trends at the Swiss Re 2011 Canadian Insurance Outlook 26th Annual Breakfast meeting held in Toronto on Mar. 31, 2011.But […]
The first quarter of 2011 has brought the highest earthquake losses in the property/casualty re/insurance industry’s history, said Christian Mumenthaler, Swiss Re’s chief marketing officer, reinsurance.Mumenthaler offered an overview of the global re/insurance market at Swiss Re’s Canadian Insurance Market Outlook Breakfast on Mar. 31 in Toronto. Mumenthaler offered a retrospective of catastrophic events from […]
The property and casualty industry cannot mask its poor results much longer with reserve releases, warned Christian Mumenthaler, Swiss Re’s chief marketing officer, reinsurance.Mumenthaler made his observation during his presentation, Global Re/Insurance Market Outlook: Balancing Risks and Opportunities of the Recovery, at the Swiss Re 2011 Canadian Insurance Market Outlook in Toronto on March 31.He […]
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