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Paquette to lead Desjardins Insurance Operations

Longtime industry executive Sylvie Paquette will take the helm at Desjardins General Insurance Group, the company announced this week. Paquette, DGIG’s senior executive …

Investment gains boost Fairfax’s Q3 earnings

Fairfax Financial Holdings Ltd. (TSX: FFH)  saw net earnings for the third quarter to end September of this year rise by 84.6% to …

OSFI Effective, but could be more nimble: survey

Canada’s financial industry overseer is an effective regulator but could respond faster to market changes, according to a survey of financial services executives.
Although …

Private companies know the risks, lack coverage: survey

They may be smaller, and lesser-known, but mid-sized private North American companies face the same professional liability risks—D&O, E&O, and EPL– as their …

U.S. insurers shun bailout funds

American property-casualty insurers won’t be looking to the US$700 billion bailout package for additional capital, according to the head of the country’s largest …

Analysts paint stark picture for insurers

A panel of financial analysts representing ratings agencies, property and casualty insurers and investment banking drew a bleak financial picture for North American …

Commercial pricing weakness confirmed for Q3

The third quarter benchmark survey of North American risk managers conducted by the Risk and Insurance Management Society Inc. (RIMS) confirms broad and …

IBAO Report: CEOs Address Credit Crisis Strategies

Canadian insurers are well positioned to ride out the credit crisis, according to the CEOs of four major companies featured in an October 23 …

IBAO Report: CEO Panelists Debate Loyalty

Loyalty joined the credit crisis as a major issue at the IBAO convention, as brokers quizzed CEOs on their support, and the executives …

AIG boosts reinsurance coverages

AIG Commercial Insurance chief executive officer John Doyle says the group has already been presented with stockholder lawsuits.
“Yes, there have been stockholder lawsuits …

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