Moving with Controlled Optimism
White Paper Summary
Canada is the ninth largest economy in the world, and according to the office of the Chief Economist for the U.S. Department of State, it also shares, at 5,525 miles, the longest international border in existence with its economic powerhouse of a neighbor to the south, the U.S.
Per the U.S. State Department, nearly $2.6 billion per day in goods and services trades between the two nations daily, aided in that movement by 120 land ports of entry along that extensive border.
The Swiss Re Institute also ranks Canada 7th by premium on a Commercial P&C basis. With a market premium of $25.64bn, Canada represents 2.4% of the total global premium ($1.04trn).
As such, Canada is an attractive place to do business of any sort.
“It’s built on an economy that’s driven by entrepreneurialism,” said the Toronto-based Rohan Dixon, who was appointed President and CEO, Commercial P&C Insurance, Canada, for Sompo International in January.
In his new position, Dixon is eager to demonstrate to Canadian businesses the reach and capabilities of Sompo International’s specialty underwriters and claims team.
To learn more about Sompo International, please visit their website.