Monthly Archive: September 2019

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New program to offer climate expertise to boards, pensions

Advisor.ca staff | September 5, 2019 Amid growing concern about the financial risks of climate change, a pair of Canadian law professors is launching an effort to help corporate directors and pension trustees better understand the...

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Bind rates on Apollo Exchange increase by 61% since April launch

Increased conversions on digital insurance fulfillment due to broker feedback and underwriting flexibility Toronto, ON (Sept. 5, 2019) – An analysis spanning April to August of this year has uncovered a dramatic 61 percent...

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FirstOnSite Restoration completes agreement to acquire JPL Disaster Recovery

Mississauga, ON (Sept. 3, 2019) – FirstOnSite Restoration, Canada’s leading independent disaster restoration services provider, has completed its previously announced agreement to acquire JPL Disaster Recovery, a company with more than 50 years of...

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Sedgwick completes acquisition of York Risk Services Group

Memphis, TN (Sept. 4, 2019) – Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, today announced the completion of its purchase of York Risk Services Group, a premier provider...

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Willis Re Reinsurance Market Report: Results for half-year 2019

Total reinsurance dedicated capital increases 8% London, UK (Sept. 4, 2019) – Global reinsurance dedicated capital totaled USD 559 billion at half-year 2019. This is a robust 8% increase from a re-stated USD 518...

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Hub International Acquires Ontario-Based GMS Insurance Inc.

Ontario-based global brokerage Hub’s latest acquisition Chicago, IL (Sept. 5, 2019) – Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired GMS Insurance Inc. (GMS Insurance) in Mississauga,...

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Feds to amend insolvency legislation to protect pensions

Staff | September 5, 2019 The federal government is reforming the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act on Nov. 1, 2019 to enhance retirement security and protect pension plans. As it announced in its 2019...