Canada
Maurice Tulloch appointed to executive board position at Aviva
Aviva’s CEO of international insurance, Maurice Tulloch, has been appointed as an executive director of the company.
BP Marsh saw 12% hike in profits in 2016
BP Marsh saw a 12% hike in profits in 2016, up to £9.8m from £8.7m in the previous year.
Watchstone issues claim against Aviva Canada
Watchstone Group’s Canadian subsidiary Hubio Solutions has issued a claim in the Ontario Superior Court of Justice against Aviva Canada.
Beazley acquires Creechurch Underwriters
Beazley has expanded its Canadian footprint with the acquisition of specialist managing general agent, Creechurch Underwriters.
Aviva has 'significant opportunity' to make cuts next year
Aviva may embark on a “significant” cost cutting programme next year, analysts claim.
RSA on track to meet 2016 profit expectations
UK-headquartered insurer RSA saw overall net premiums rise 6% on an underlying basis in the first nine months of 2016 compared with the same period last year.
Arag expands with Canadian business
The Arag Group has launched its Lloyd's-approved coverholder Arag Services in Canada in order to continue with its international expansion.
AIG tipped to sell stake in Ascot Underwriting
American International Group is in discussions to sell its shares in Ascot Underwriting.
RSA posts strong global first half results as pre-tax profit grows 20%
RSA's turnaround under CEO Stephen Hester has continued in the first half of 2016.
AIR Worldwide estimates Alberta fire insured losses at over £2.4bn
Catastrophe modeling firm AIR Worldwide is estimating between C$4.4bn (£2.4bn) and C$9bn (£4.8bn) of insured losses for this month's huge Alberta wildfire.
Alberta wildfires could cost Canada's insurers over £4bn, says Bank of Montreal
Over 40 wildfires in Alberta, Canada could cost insurers as much as C$9bn (£4.8bn) according to the Bank of Montreal.
Tulloch leads Aviva acquisition in Canada
Aviva's Canadian business has bought RBC General Insurance Company for £281m, a deal led by global general insurance chairman Maurice Tulloch.
China's Anbang invests in Toronto
Anbang Insurance has bought a commercial property in Toronto for C$110m (£55.5m).
Leong returns to Singapore for Zurich leadership role
Kevin Leong has left Allianz in Canada to become head of customer distribution and marketing for Zurich's Asia-Pacific global corporate business.
Canadian purchaser buys 3 Minster Court for £170m
Canadian company Ivanhoé Cambridge has bought City of London property 3 Minster Court for more than £170m.
Fairfax launches equity financing after Brit offer
Fairfax Financial Holdings has launched a C$650m (£337m) equity financing in light of the positive impact of its recommended cash offer for specialist insurer Brit on 17 February.
Customer loyalty obtainable for UK insurers if 'fair value' is provided
Insurers have been advised to focus on building long-term relationships in order to retain policyholders after a survey by Consumer Intelligence showed customers do not want to shop around annually.
Applied Systems plots UK growth
Brokers using Applied Systems software can expect to see growth in the US firm's UK arm in its product offering and staff numbers, according to the company's senior leaders.
AJG completes acquisition of Canada's Noraxis
Arthur J. Gallagher said today it had become a top five Canadian broker following the completion of its purchase of Noraxis Capital Corporation.
RSA unveils changes to global broker function
Former Benfield Group general counsel Derek Walsh will take over responsibility for RSA’s global broker sales with key relationship managers following the retirement of Paul Donaldson at the end of the month.
Hartley leaves Simply Business for Danish insurer
Former Simply Business product manager Robert Hartley is to join Danish insurer Qudos as an underwriter.
COO eyes further RSA disposals in second half of 2014
RSA has set its sights on completing more disposals in the second half of the year after the sale of its Canadian broker business brought the amount generated through sales since February to £540m.
RSA sells Canadian broker to AJ Gallagher
RSA has sold its Canadian broker Noraxis Capital to AJ Gallagher for C$500m (£273m).
Europe: Pet insurance opportunities
With around $1bn premium volume, the pet insurance market in the UK is by far the world's biggest - but increasing competition and rising vet fees over the past few years have seen what was once fertile ground become a highly contested area, with a large…