The unit was an offshoot of a successful service that AIG offers ultrahigh net worth customers in the United States and Europe. New York-based AIG published a report on the needs of the wealthiest Americans showing these customers typically own nine homes, 19 automobiles, US$19-million of art and US$1.7-million of jewellery. The annual cost of insuring these possessions runs to US$250,000 or more. In Canada, this would be a small segment of the high net worth market.
AIG is sticking with its core Canadian corporate clients, which paid the company approximately $400-million annually over each of the past three years for products such as liability insurance. Globally, AIG restructured after suffering significant losses during the global financial crisis and is now on secure financial footing: The company posted a US$1.4-billion profit in 2018.
Foreign companies are also consolidators in Canada. The country’s second-largest P&C insurer is Aviva Canada Inc., which has a British parent, and the company spent $582-million to buy Royal Bank of Canada’s P&C insurance operations in 2016. New York-based Travelers Co. Inc. acquired Dominion of Canada General Insurance Co. for $1.1-billion in 2013, vaulting the company into 10th spot in the domestic market.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Chinese importers have stopped buying Canadian canola seed: Industry groupChinese companies have stopped buying canola seed from Canadian producers, says an industry group, leaving exporters trying to sell their supply to other markets. Stop buying Chinese everything ! They haven’t stopped exporting fentanyl though have they? What Trudeau does best. Screws up trade with other countries. Gives away our tax money to unfortunate outside of Canada. Steals/waste our money through scandals & corruption Tax us more through carbon tax cause he needs more money. Worst PM of all time.
Sumber: CP24 - 🏆 30. / 67 Baca lebih lajut »
Chinese importers have stopped buying Canadian canola seed: Industry groupCanola seed exporters report Chinese companies -- one of their major markets -- have stopped buying their product, according to an industry group. Another Trudeau accomplishment. Canada should stop buying Chinese Apple Juice ! Seriously, There are plastic bottles of Apple Juice labeled, Canada’s Choice” that’s a product from China. Why can’t Canada make its own apple juice ?
Sumber: CTVNews - 🏆 1. / 99 Baca lebih lajut »
The Detox Market’s new Canadian flagship sells a more sustainable vision of beautyAfter three years spent in a storefront on King Street West in Toronto, the Detox Market has opened the doors to a new location on Spadina Street Lol, who writes these headlines? comedy gold
Sumber: globeandmail - 🏆 5. / 92 Baca lebih lajut »
China has now stopped buying any Canadian canola — and that’s 40% of our marketCaught in trade dispute between China and Canada, farmers forced to sell their crops for less or hold on to them until prices improve Well Trudeau got involved and killed that cash cow. Western countries need to unify against China Retaliation against Freeland Co. Trudeau is a major FUp
Sumber: nationalpost - 🏆 10. / 80 Baca lebih lajut »
Join us live today for Paul Desmarais III on innovation policy and the fintech industryJoin us live today at 11:50 a.m. ET for a conversation with Paul Desmarais III on innovation policy and the fintech industry
Sumber: nationalpost - 🏆 10. / 80 Baca lebih lajut »