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Aviva Plc, the U.K.'s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America. The purchase ...
Three tobacco companies plan to appeal a C$15.6 billion ($12.5 billion) decision by a Canadian court in favor of smokers in class-action lawsuits. The Quebec trial court ruled that British American ...
Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing difficulties caused by rules that ban banks from selling ...
The Canadian government is overhauling its safety rules for crude oil shipments by train, creating a disaster fund and forcing railways to carry more insurance. Oil companies will pay into the fund, ...
The U.S and Canada both experienced below-average catastrophe losses in the first half of 2014, a trend that has been a relative boon for the property/casualty industry so far this year, Verisk ...
Allied World Assurance Co. Holdings announced Tuesday that it has opened a branch office in Toronto, Ontario to further expand its North American insurance operations. "Opening an office in Canada ...
Allianz SE, Europe's biggest insurer, is expanding in Canada, targeting protection for the energy and mining industries. The insurer plans to boost gross written premiums in the nation to C$500 ...
Estimated insured property damage caused by last June's southern Alberta floods now exceeds $1.7 billion—making it the costliest natural disaster in Canadian history, according to Insurance Bureau ...
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