Industry
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.
By Jason Contant | May 3, 2023
3 min read
Claims
Hard markets have historically offered a tremendous opportunity for growth for MGAs, but industry experts say they will be here to stay.
By Alyssa DiSabatino | May 2, 2023
Approximately 300,000 properties across Canada are at a high wildfire risk, according to Vancouver-based Minerva Intelligence Inc.
By Jason Contant | May 2, 2023
2 min read
The search continues for two Quebec firefighters swept away in floodwaters, as heavy rains washed out roads and cut off homes.
By The Canadian Press | May 2, 2023
The Ukraine war has led to political risk losses for companies in all sectors of the economy, which impacts insurance policies and rates
By Phil Porado | May 1, 2023
A class-action lawsuit against the municipality and the province on behalf of flooding victims was authorized to move forward.
By Jason Contant | May 1, 2023
5 min read
With net incurred claims of -$178.7 million and net premiums earned at $372.7 million, the Canadian P&C industry recorded a claims ratio of -48% in cyber liability for 2022.
By Alyssa DiSabatino | April 28, 2023
An insurer successfully defended an appeal in which a Quebec municipality was found 25% liable for a tardy firefighter response time.
By David Gambrill | April 28, 2023
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 institute recommends legislation requiring condo corps to hold a “financial cushion” above what’s required by a reserve fund study.
By Jason Contant | April 27, 2023
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