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Top earning Canadian CEOs make 189 times more than average worker
By ILSTV Staff on Jan 04, 2012 in Business
By noon on January 3, 2012, Canada’s top executives have made what the average Canadian takes home in a year
Tag: "Canada"
Canpro Global: Risk mitigation with a global reach
Canpro Global’s President and CEO talks about his company’s suite of services for risk mitigation
Be prepared ahead of the winter storm warning
By ILSTV Staff on Feb 02, 2011 in Natural Disasters
Environment Canada has issued a winter storm warning and watch for much of Ontario, and a great deal of the United States has already been blanketed with snow. Insurer RSA is reminding Canadians to take safety precautions at home and in the car before the weather turns extreme. “Winter storms can sometimes leave people snowed-in [...]
Baby Boomers turning 65
By ILSTV Staff on Jan 10, 2011 in Canadian Economy
The first wave of Canada’s Boomer generation turn 65 years old in 2011, and almost one-quarter (23 per cent) are concerned about having enough savings, according to the 21st Annual RBC RRSP Poll. However, the majority (71 per cent) of Boomers who will reach their milestone 65th birthdays, with financial plans in hand, say that [...]
Alberta collision damage reporting threshold increases
By ILSTV Staff on Jan 10, 2011 in Auto & Trucking
The amount of total property damage requiring a motorist to report a vehicle collision to a peace officer in Alberta has risen from $1,000 to $2,000, effective January 1, 2011. Collision reporting thresholds are set through the Canadian Council of Motor Transport Administrators in co-operation with all Canadian jurisdictions. This ensures comparability of statistics across [...]
Top 10 Disasters of 2010
View the video here on your mobile device. As 2010 draws to a close, it’s time to take a tally of what happened in the world this year. Unfortunately, between man-made and natural disasters, it was a busy year. Swiss Re estimates that worldwide losses from disasters and catastrophes were $222 billion, more than triple [...]
Canada’s Most Powerful Women of 2010 named
By ILSTV Staff on Dec 03, 2010 in Business
The Women’s Executive Network (WXN) announced the recipients of the prestigious 2010 Canada’s Most Powerful Women: Top 100 Awards, representing the top women across Canada. The Canada’s Most Powerful Women: Top 100 Awards, Co-presented by Scotiabank Group and KPMG, is Canada’s most recognizable award for the country’s highest achieving female leaders in the private, public [...]
Leak of sensitive diplomatic documents won’t change Cda US relations: Cannon
By ILSTV Staff on Nov 30, 2010 in Canadian Government
Comments about Canada found in sensitive U.S. diplomatic documents exposed by WikiLeaks will not affect relations between the two countries, says Foreign Affairs Minister Lawrence Cannon. Canada and the United States have always had “great” relations and any diplomatic cables that surface this week won’t change that, Cannon said, nor should they be a matter [...]
Remember the Fallen
View the video here on your mobile device. This November 11, take a moment to remember.
Catlin Canada will start writing reinsurance
Encompassing both Treaty and Excess of Loss business, Catlin Canada announced it will begin writing Reinsurance locally from Toronto. “This is an exciting development for Canada as we believe our entry into this market will complement both the direct underwriting operations in Canada but also the Group Reinsurance portfolio,” said Mike Hansen, CEO. The Reinsurance [...]
Second round of Aviva Community Fund competition begins
The first batch of semi-finalists for this year’s Aviva Community Fund competition was announced Monday. (See the list here.) For this year’s campaign, the insurer is doubling its 2009 pledge of $500,000 by offering $1 million to community initiatives across Canada. Voting for this round ends on November 5 and the ultimate winner(s) will be [...]
Top 56 global insurers named
By ILSTV Staff on Aug 30, 2010 in International Insurance
World Finance, a financial information publisher, has announced the winners of its top global insurers. In Canada, Intact took top spot while Chubb earned the top marks in the United States. In the U.K., Chartis came out on top. The World Finance Awards were created in 2007 to identify industry leaders, individuals, teams and organizations [...]
Aviva rejects RSA offer; both companies comment
After press reports that insurer RSA was set to acquire Aviva’s general insurance business in the UK, Ireland and Canada, countered with press reports saying the opposite, both companies have issued comments that they hope will clear the situation. Aviva’s comment: The Board of Aviva notes recent press speculation and confirms that on Wednesday 28 [...]
More on whistleblower protection in Canada – My conversation with David Hutton
By Julie Hawrishok on Aug 11, 2010 in Post Script
I don’t know about you, but I’ve been watching the WikiLeaks issue(s) with great interest. What has been causing most of the chatter lately is the July 25 release of files in a document set called “Afghan War Diary, 2004-2010”. Included in this is the now famous – and huge – file called “Insurance”. WikiLeaks [...]
Customer satisfaction with Canadian banks increases
Overall customer satisfaction with retail banks in Canada has improved from 2009, as Canadian banks have increased investment in technology and customer service systems improvements following the global financial crisis, according to the J.D. Power and Associates 2010 Canadian Retail Banking Customer Satisfaction Study. Overall satisfaction with primary financial institutions averages 730 on a 1,000-point [...]
A necessary evil: parking costs
By Julie Hawrishok on Aug 03, 2010 in Post Script
Like it or not, commuting is a way of life now. Most of us have to travel to get to work and a lot of us are using our vehicles to get there. (The 2006 Census found that in 72.3% of us drove to work, and 11% took public transit.) But, plugging quarters into a [...]
Richest provinces see smallest net worth increases
By ILSTV Staff on Jul 30, 2010 in Canadian Economy
Canada’s richest provinces saw the smallest increases in household net worth last year, as real estate values in some of the country’s major markets declined. British Columbia and Alberta posted the smallest increases in net worth by far, with gains of 2.8 per cent and 2.5 per cent respectively, according to a survey by WealthScapes [...]
