Quote:
Originally Posted by STeeLy
Man, I have my home insurance in Ottawa with ING... I would hate it if the premium goes up.
I have my car insurance with Bel-Air Direct, which is part of ING, hope that doesn't go up either... cuz I'm already paying out my rear end for that.
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Believe me they won't go up as the result of economies of scale. ING (Intact) has 11.30% market share and Aviva has 8.70% or if they buy RSA that gives them another 4.40% market share. So if any of this speculation happens they will have 15% - 20% market share and I fail to see how any of this factors in to the actuarial tables....I would worry more about your next speeding ticket/accident vs this sentiment...