Industry
Economic uncertainty remains the Number 1 risk facing Canadian businesses, according to Aviva Canada’s second annual Risk Insights Report.
By Jason Contant | May 3, 2023
3 min read
Cargo volumes at Canada's largest port fell by three per cent last year as the global economy began to show signs of a slowdown.
IFRS 17 will eliminate one standard P&C insurance financial metric, and subtly affect how combined operating ratios are presented.
By David Gambrill | April 27, 2023
The Bank of Canada considered raising interest rates earlier this month, as it feared being too slow to react to sticky inflation.
By Jason Contant | April 26, 2023
Canada’s sluggish economy might be headed for a ‘shallow downturn,’ but there’s a unique pent-up demand for motor vehicles.
By Jason Contant | April 25, 2023
The global economic environment has two ingredients that could prolong the hard market: high inflation and scarce reinsurance capacity.
By David Gambrill | April 18, 2023
4 min read
Canada’s Top 5 insurers wrote a combined 42% of the insurance business in the country in 2022, but each showed different growth trends
By Jason Contant | April 13, 2023
2 min read
A combined ratio of 85.4 and solid underwriting results at year-end collided with escalating interest rates and a volatile equity market.
By Alyssa DiSabatino | April 12, 2023
The extreme reinsurance rate increases that insurers saw this year won’t be sustainable for future renewals, experts say.
By Alyssa DiSabatino | April 11, 2023
DesRosiers Automotive Consultants Inc. says auto sales rose 3.7 per cent in March from a year earlier for a fifth month in a row of gains.
By The Canadian Press | April 6, 2023
1 min read
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