Latest Canada Headlines
All the headlines from our Canada Topic Page, ordered by recency.
Canada Financial Watchdog Sets Rules for Insurers, Banks on Climate Risk Disclosure
Mar 8 2023 // Canada’s financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms to assess and disclose climate risks. Financial firms will need to release climate-related...
Canada Joins U.S. and EU in Banning TikTok From Government Phones
Mar 3 2023 // Canada will bar civil servants from using TikTok Inc. on government-issued mobile devices due to security concerns around data collection. The social media app, which is owned by China’s ByteDance Ltd., will be...
Hackers of ION Trading Also Hit UK Postal Service, Canada Hospital, U.S. Local Agencies
Feb 3 2023 // The hacking group behind a cyberattack against the software firm ION Trading UK has recently conducted a series of breaches throughout the world, with its victims including the UK’s postal service and local...
People Moves: AGCS Taps Chaucer’s Graham for Marine Team; BHSI Names De Wilde Head of Property, Switzerland; HDI Global Specialty Promotes Spafford in Canada Branch
Feb 2 2023 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS); Berkshire Hathaway Specialty Insurance (BHSI), and HDI Global Specialty. A summary of these new hires...
Marsh McLennan Names Tomlinson CEO for U.S. and Canada
Feb 1 2023 // Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada. He, along with Flavio Piccolomini, who was appointed International CEO, will report to Mercer President and CEO Martine Ferland and Marsh President and...
Canada’s Westland Insurance Acquires Broker RiskTech From Excel
Jan 17 2023 // Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1. Risk Tech was a member of Excel Insurance Group. It specializes in serving large and mid-market...
Insured Damages in Canada From Hurricane Fiona Now Top C$800M
Jan 6 2023 // Insured damages from Hurricane Fiona are now estimated at over C$800 million (US$591.2 million), according to the Insurance Bureau of Canada (IBC), quoting the Catastrophe Indices and Quantification Inc. (CatIQ). Hurricane...
People Moves: Lloyd’s Elects Aon’s Dudley as Council Member, Succeeding Christian; CNA Canada Promotes Detablan as VP, Specialty & Risk Managed Casualty
Dec 12 2022 // Lloyd’s Elects Aon’s Dudley as Council Member, Succeeding Christian Lloyd’s of London, the commercial insurance and reinsurance marketplace, has elected Richard Dudley to the Council of Lloyd’s,...
Hurricane Fiona Breaks New Records in Atlantic Canada With Insured Damage of C$660M
Oct 19 2022 // Hurricane Fiona is estimated to have caused C$660 million (US$436.8 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted initial estimates from Catastrophe Indices and Quantification...
People Moves: NFP Hires Pelaez for Mgmt and Professional Liability in Canada; Miller Names AGCS’ Hooker as APAC Head of Energy; Liberty GTS Hires 3 for APAC Team
Oct 14 2022 // This edition of International People Moves details appointments at NFP, Miller and Liberty Global Transaction Solutions A summary of these new hires follows here. NFP Hires Pelaez for Management and Professional Liability...
Update: Hurricane Fiona Roars Toward Atlantic Canada as New Storm Threatens Florida
Sep 23 2022 // After lashing Bermuda, Hurricane Fiona is racing north toward Eastern Canada, threatening to become the most powerful storm ever to hit the region. A second system, meanwhile, is developing in the Caribbean and may strike...
People Moves: Strategic Risk Solutions Taps Marsh’s Meindersma to Lead Canada Expansion; Markel Int’l Promotes 3 in Wholesale Claims Leadership Team
Sep 22 2022 // This edition of International People Moves details appointments at Strategic Risk Solutions and Markel International. A summary of these new hires follows here. Strategic Risk Solutions Taps Marsh’s Meindersma to...
Update: Fiona Becomes Strongest 2022 Atlantic Hurricane, Threatening Bermuda, Canada
Sep 21 2022 // Hurricane Fiona has intensified to become this year’s strongest Atlantic storm as it moves north to threaten Bermuda and eastern Canada later this week. Fiona’s top winds remain at 130 miles (209 kilometers)...
People Moves: Miller Launches Delegated Authority Team in Canada, Hires 5 From Tysers
Sep 21 2022 // Miller, the leading independent specialist re/insurance broker, announced the expansion of its Delegated Authority team with the appointment of five new hires to form a dedicated Canadian unit. The new team will be formed...
People Moves: Liberty Specialty Promotes Clark for Financial Risk Solutions; BHSI Promotes Hannoun for Middle East Casualty; CNA Canada Names DeBruyn Regional VP
Aug 30 2022 // This edition of International People Moves details appointments at Liberty Specialty Markets, Berkshire Hathaway Specialty Insurance, and CNA Canada. A summary of these new hires follows here. Liberty Specialty Promotes...
Hub International Acquires Canada Broker Jaimac Risk Management
Aug 15 2022 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Jaimac Risk Management Inc. Terms of the transaction were not disclosed. Located in Ottawa, Ontario,...
Gazprom Says Nord Stream Gas Pipeline Safety Depends on Turbine From Canada
Jul 15 2022 // This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. Kremlin-controlled energy giant Gazprom said on Wednesday it could not guarantee the safe operation of a...
Broker NFP Forms Captive Manager in Canada
Jul 13 2022 // Insurance broker NFP has established a captive management firm in Canada following Alberta’s establishment of a regime for captive insurance for organizations wanting to self-insure against risk instead of buying...
Specialty Insurer Mosaic Opens for Business in Canada With Fraser at Helm
Jul 13 2022 // Mosaic Insurance is opening an office in Toronto, Ontario and has hired Ian Fraser to spearhead the company’s expansion into the Canadian specialty insurance market. Fraser joins as president of Mosaic Insurance...
Canada Recovering From Major Telecom Outage
Jul 11 2022 // TORONTO/OTTAWA, July 8 (Reuters) – Rogers Telecommunications said its network was beginning to recover late on Friday after a 19-hour service outage at one of Canada’s biggest telecom operators shut banking,...
