Aviva Canada News

Canadian Insurers Hit with Lawsuit on Refusal to Pay COVID-19 Biz Income Claims

A class action lawsuit has been filed against Canada’s top indemnity insurers for breach of contract in their refusal to pay business interruption claims from the COVID-19 crisis. “Indemnity insurers are wrongfully refusing to honor their contracts,” said E.F. Anthony …

Storah to Succeed Holmes as CEO of Aviva Canada

Aviva Canada announced the appointment of Jason Storah as chief executive officer, succeeding Colm Holmes who moves into the role of CEO of General Insurance in London. Storah has more than 15 years of experience with Aviva Canada, joining the …

Aviva Canada Aims to Offer Ride-Sharing Insurance, with Uber Drivers in Mind

Aviva Canada aims to offer ride-sharing insurance to Ontario drivers who use their own vehicles to carry paying passengers starting next month, a service that could solve a major headache for ride-hailing company Uber Technologies Inc. The Canadian subsidiary of …

Ratings Recap: QBE Optima, Aviva (Canada), Syndicate 609, Adamjee

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Puerto Rico-based QBE Optima Insurance Company, both with stable outlooks. The ratings of QBE Optima reflect its “solid risk-adjusted capitalization, profitable …

Ratings Roundup: Aviva Canada, AEGIS

A.M. Best Co. has reviewed and maintained the under review status of the financial strength ratings of A (Excellent) and issuer credit ratings (ICR) of “a+” of Aviva Insurance Company of Canada and its affiliates, Elite Insurance Company, Traders General …

Ratings Recap: Aviva Canada, IRB-Brasil

A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Aviva Insurance Company of Canada and its affiliates, Elite Insurance Company, Pilot Insurance Company, …

Ratings Recap: United, Aviva Canada, Jupiter

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Barbados-based United Insurance Company Limited, both with stable outlooks. Best said then ratings reflect United’s “favorable capitalization, solid regional market profile …