Allegations involve improper calculations of vacation and public holiday pay
The deal will bring almost all of Empire Life inside the E-L Financial holding group
Superintendent Julie Dickson reminds insurers to prepare for rising risks
Deal with provide Fairfax with US$480 million of additional investable assets
Specialty insurance lines to move to Crum & Forster and Hudson
Slow growth environment and low interest rates to weigh on life insurers
Spread of loss among individual insurance companies means losses to insurers are manageable
Insurers should establish a triangular relationship between the insurer, the advisor and the client
Sales expected to generate US$7.6 billion
Sandy has the potential to produce losses similar to Hurricane Irene, which generated insured losses of between US$4 billion and US$5 billion