Monthly Archive: October 2020

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Canada Infrastructure Bank names new CEO

Staff | October 30, 2020 The Canada Infrastructure Bank is appointing Ehren Cory as chief executive officer. In the new role, Cory’s first priorities will include implementing the bank’s $10-billion growth plan and drawing more private capital to the Canadian...

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UTAM making progress toward goals on climate change

Staff  | October 30, 2020 The University of Toronto Asset Management Corp. is making significant progress toward its goals on climate change, according to its fourth annual responsible investing report. In terms of its goal to...

Northwestern Mutual Pays A Record $6.2B Dividend

Milwaukee Journal Sentinel (WI) Northwestern Mutual Life Insurance Co. is paying a record $6.2 billion dividend to policyowners as the pandemic continues to cause economic turmoil. Policyowners with Northwestern Mutual will receive an estimated...

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Insurers can absorb pandemic life and health claims, says report

Insurers should be comfortably able to account for and shoulder life and health claims arising from the COVID-19 pandemic, according to a new report. In new research conducted with the University of St. Gallen,...

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InsurTech NY Announces 2020 Accelerator Cohort

New York, NY (Oct. 13, 2020) – InsurTech NY, the largest InsurTech community in the New York metro area, announced today its growth-stage InsurTech accelerator cohort. 22 startups were selected to participate in its...

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Insurers step up to help small businesses in Ontario

Business Insurance Action Team to address commercial insurance challenges in hospitality sector Toronto, ON (Oct. 27, 2020) – To help struggling small businesses in Ontario secure insurance amidst the economic challenges the COVID-19 pandemic...

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Group health plan costs expected to rise in 2021: report

Staff | October 29, 2020 The costs of employer-provided health plans in Canada are expected to rise seven per cent next year, outpacing general inflation by more than five per cent, according to a new report by...

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Aon partners with OPN, giving customers access to contact tracing app

Contact tracing for workspace safety management: Collaboration addresses businesses’ growing need for a fully digital risk-mitigation platform to help keep offices, teams and customers safe from COVID-19 Toronto, ON (Oct. 27, 2020) – Every...