Sandy has the potential to produce losses similar to Hurricane Irene, which generated insured losses of between US$4 billion and US$5 billion
Co-operators plans to develop direct distribution throughout Quebec
Allege scam focuses on bogus insurance companies
With interest rates low, firm plans to grow savings and investment side of the business
Specialty insurer plans to streamline management in two business segments
P&C firms challenged by low rates, volatile stock markets and tepid domestic growth
2012 expected to generate a below-average number of hurricanes and tropical storms along the Atlantic and Gulf Coasts
Sale would reduce U.S. government’s stake in insurance giant to 20%
About two-thirds of insurers would see decreases in their assessments
The purpose of the capital definition review is to ensure that the capital remains sufficient to absorb losses in periods of stress