Risk

Most polled Canadian organizations unprepared for cyber attack: Deloitte Canada

Just one in five Canadian companies taking part in a recent Deloitte Canada survey report being prepared to effectively respond to a cyber attack. The survey – results of which are detailed in Navigating a harsh cyber security landscape – involves input from information technology leaders from 100-plus Canadian businesses representing all major sectors of […]

By Canadian Underwriter | December 3, 2015

3 min read

U.S. insurers will need to focus on innovation to remain successful: EY

2016 will likely be one of continued disruptive change in the property and casualty insurance market in the United States, and insurers will need to focus on innovation in all areas of the business to remain successful, suggests a new survey from Ernst & Young, an assurance, tax, transaction and advisory services firm. The 2016 […]

By Canadian Underwriter | December 2, 2015

5 min read

Positive underwriting gains expected in 2016 for U.S. commercial lines insurance: Wells Fargo

Despite rate reductions and low investment returns, commercial lines insurance in the United States is on track for positive underwriting gains in 2016, according to Wells Fargo Insurance’s annual 2016 Market Outlook, released on Wednesday. Favourable losses across most insurance lines and lack of multiple catastrophic property losses are driving this trend, Wells Fargo said […]

By Canadian Underwriter | December 2, 2015

2 min read

The Driver’s Seat

Conditions are changing at breakneck speed for Canada's property and casualty insurance industry. With 2016 providing little promise things will slow down - allowing slow-adopters to catch up - primary insurers need to keep pace or be left in the dust. All that demands plotting the best route forward, knowing when to rev up or slow down, to reach the final destination.

November 30, 2015

20 min read