Transaction to close in the first quarter of 2023.
Co-operators General Insurance Company rebounds after four consecutive negative quarters.
He replaces Belgian Hilde Vernaillen.
Individual policies paid out from March 2020 to March 2022 due to COVID deaths amounted to about $424 million for 7,000
Economic pressures and insured losses from Ontario and Quebec windstorm drive declines.
Yet this result tops the figures reported during the first quarters of 2010 to 2020.
In this role, the new appointee will be responsible for all business and executional operations for the P&C insurer.