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August 16: Fight between two international insurance groups could dethrone Intact as Canada’s largest p&c insurer
    If a bid by UK-based RSA for certain assets of Aviva, currently standing at the equivalent of $8.2bn cash (all dollar figures the Canadian equivalent of pounds sterling) is successful, it would dethrone Intact as Canada’s largest p&c insurer.
    Industry veteran John McArthur, of Amac Consultants, said this would be the effect of combining the gross written premiums of $3.2bn of Aviva’s general insurance businesses here and RSA Canada’s $1.8bn for a total of around $5bn.
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August 5: Hailstones the size of baseballs in Saskatchewan: wildfires cover 500 sq.km. in BC interior
    Saskatchewan Government Insurance is still fielding auto and property claims from a storm last week that pummelled Carlyle, Sask., with hailstones the size of baseballs.
    Media relations manager Tony Playter said it has received about 100 property and 600 auto claims worth a total of just under $4m so far from the town in the southeastern corner of the province.
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August 3: July witnesses some of the worst flood events in history -- Aon Benfield
    July witnessed some of the worst flood events in history says global broker Aon Benfield’s latest Monthly Cat Recap report.
    Published by the company’s Impact Forecasting team, which evaluates global perils for the re/insurance industry, it said Asia was particularly affected by the deluge.
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August 3: New system developed by Ontario government and IBC will confirm if insurance valid when licence plates renewed
    Starting in November a new electronic verification system developed by the province and the Insurance Bureau of Canada will make it more difficult for people to drive without insurance, said provincial Transportation Minister Kathleen Wynne.
    The system provides on-the-spot confirmation of valid insurance coverage during the licence plate renewal process.
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Break time
    Thompson’s annual summer publishing break is now upon us. Our next weekly print issue will appear Sept. 13. Our daily email news service will resume Sept. 7.
    Meanwhile our website will be updated with major stories as they occur.
    All of us here wish all of our readers a safe and happy summer season.
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