Report says insurance consolidators a 'serious force'

Article Abstract:

The consolidators in the Canadian property and casualty (P&C) insurance brokerage business are expected to triple their share of the market to 15% over the next three years. In 1998, six major players already controlled around $1 billion annually in premium volume, or 5% of the entire primary P&C business. Among the big players are Equisure Financial Network and Canda Brokerlink Inc.

Property & Liability Insurance, Direct Property and Casualty Insurance Carriers, Property and casualty insurance

---

Series of TSE blunders opened door for new competition

Article Abstract:

The Toronto Stock Exchange will face competition from Montreal, Que.-based Nasdaq Canada. TSE, which has downplayed the significance of the establishment of Nasdaq Canada, has been criticized for a series of strategic miscalculations that have allowed competitors to emerge and prosper.

Nasdaq Canada

---

TSE battle with Nasdaq to intensify

Article Abstract:

The Toronto Stock Exchange will face growing competition after Nasdaq Stock Market Inc. opens its Montreal, Quebec office. Nasdaq Canada, which is expected to open next year, will trade in U.S. dollars.

Montreal, Quebec, The Nasdaq Stock Market Inc.

Similar abstracts:

• Abstracts: Golden Rule chief faces insider trading charges. TSE's bid for CDNX gets some opposition
• Abstracts: Fibre optics said in a glut. Roth sees year of woes ahead for sector
• Abstracts: Upstart store vies for prize. Six Sears board members to resign in April
• Abstracts: Baseball fans can catch hits with on-line video service. Boomers drive boom in cottage prices
• Abstracts: Barrett, MPs clash over branch closings. Barrett's 1999 B of M pay totals $20-million

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.