Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Ningen Named CEO of Swiss Re Canada
Jun 4 2018 // Monica Ningen has been appointed president and chief executive officer of Swiss Re Canada and English Caribbean. Ningen succeeds Veronica Scotti, who has been named chairperson for Global Partnerships. Ningen has 20 years...
Canada’s May Windstorm Insured Damage Tops $410 Million
Jun 1 2018 // April showers bring May flowers but in Ontario, the last few months brought a series of severe, and unique, weather events. Insured damage from an early-May windstorm affecting Ontario and parts of Quebec topped $410...
2 Banks Report First Cyber Attack Against Canadian Financial Institutions
May 29 2018 // Bank of Montreal and Canadian Imperial Bank of Commerce said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers in what appeared to be the first significant assault on financial institutions...
Microsoft to Extend EU Data Privacy Rights Globally. Facebook, Google Not Quite.
May 24 2018 // Microsoft promised this week to give users worldwide the same data and privacy rights Europeans will get under new regulations there. That’s in contrast to some of its tech rivals, who are hedging on how much privacy...
Canada’s Finance Minister Touts Plan for Pipeline ‘Insurance’
May 18 2018 // Canada’s finance minister said his plan to indemnify Kinder Morgan Inc. against losses on its Trans Mountain expansion project would be carried out in a commercially viable way. Bill Morneau said Thursday the...
Marsh Names Lay as CEO, UK & Ireland; Robson as President & CEO, Marsh Canada
Apr 13 2018 // Marsh announced that Chris Lay will be named CEO of its UK & Ireland region, reporting to Flavio Piccolomini, president of Marsh International, and he will be appointed CEO of Marsh Ltd., all subject to regulatory...
Wawanesa Mutual Names Jardine President of Canadian P/C Operation
Apr 6 2018 // Wawanesa Mutual Insurance Co. announced the appointment of Carol Jardine as president of Wawanesa’s Canadian property and casualty (P/C) operation. Prior to her appointment, Jardine was senior vice president and...
New Endeavor Cyber Product Designed to Protect Manufacturers From Physical Damage
Apr 5 2018 // Delegated authority specialist and Lloyd’s Broker Endeavour Insurance Services has launched a new cyber security coverage program, Ensconce, designed to protect manufacturers from the risk of physical damage caused...
AIG Launches Travel Insurance on Demand App in Canada
Mar 28 2018 // Travel Guard Group Canada, Inc., the Toronto-based subsidiary of AIG, has launched a travel insurance app allowing Canadian customers (except Quebec residents) to purchase coverage in blocks of time through their...
Markel Canada Appoints Crozier from Everest as President
Mar 27 2018 // Markel International, the specialist insurance subsidiary of Markel Corp., has appointed David A. Crozier to be president of Markel Canada, its business which operates across the country, with offices in Toronto, Montreal,...
Endeavour Expands Capability of Claims Platform Used by Canadian Coverholders
Mar 26 2018 // Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services has added new functionality, including Lineage compatibility, to its Advantage claims platform, further improving claims handling for...
Driving in Snow: Difficult for Humans and Driverless Cars
Mar 22 2018 // A Canadian town known for its annual theater festival is emerging as a hub of “snowtonomous” research, as automakers face demands to produce self-driving cars that can perform in snow and sleet. But testing...
Odyssey’s Newline Group Opens Unit in Canada with Focus on SMEs
Mar 14 2018 // Newline Group announced the launch of its new service company, Newline Canada Insurance Ltd., based in Toronto. Newline Group is part of the Odyssey Group, a wholly owned subsidiary of Fairfax Financial Holdings. Newline...
XL Catlin Taps Uhlmann from Zurich to Lead Canada Insurance Business
Mar 12 2018 // XL Catlin has appointed Urs Uhlmann as CEO, country manager for Canada. In his new role, Uhlmann will lead XL Catlin’s regional business strategy and overall insurance operations in Canada. Uhlmann joins XL Catlin...
Here Are Some Post-Brexit Scenarios for UK Financial Services
Mar 8 2018 // A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. The EU said on Wednesday that there...
AEGIS London Appoints Trudeau from Crawford & Co. to Manage Canadian Claims
Mar 7 2018 // Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders. Based in Toronto, Trudeau will focus on strengthening relationships with London market...
Drone Suspected in Helicopter Crash Landing in South Carolina
Feb 16 2018 // A helicopter’s crash landing in South Carolina this week may have been triggered by a civilian drone, which would make it the first drone-related crash of an aircraft in the U.S. The incident on Wednesday involved a...
Hub International Acquires Canadian Broker Kindersley Insurance
Feb 12 2018 // Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd. Terms of the acquisition were not disclosed. Headquartered in Kindersley,...
Legal Marijuana Worries Canadian Oil Companies with Strict Drug Testing Regimes
Feb 1 2018 // Once recreational marijuana becomes legal in Canada, Garnet Amundson says it will get a lot harder to find the workers he needs at Essential Energy Services Ltd. And he isn’t the only employer who’s...
Starr Companies Launch Enviro-Wrap Product for Construction Risks in Canada
Jan 30 2018 // Starr Companies has launched its new product, Enviro-Wrap insurance, in Canada. The coverage provides wrap-up liability and contractor’s pollution liability for construction project specific placements, covering...
