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Insurance Adviser > Auto Insurance > Auto Insurance Brokers In OntarioAuto Insurance Brokers In OntarioING Canada Reports Fourth Quarter And Full Year ResultsING Canada, with its shell advantage, underwriting correct and pricing sophistication, is fine positioned to capitalize on the supra conditions and keep to outperform the industry's generate on equity for the foreseeable early. Our crisp merchandise and help proposition delivered finished a multi- canal distribution mesh wish be a significant driver in fuelling natural increase . BEAR DEVELOPMENTS On February 15, 2007, the Accept announced its purpose to repurchase for cancellation 500.0 million of its standard shares direct a material issuer press, by ways of a modified Dutch Auction. ING Groep, ING Canada's majority shareholder, has informed ING Canada of its intention to take inferior shares adequate to hold its property at 70%. The Let too announced an growth in its quarterly dividend by 2.0 cents to 27.0 cents per partake on its superior ordinary shares. 2006 BIRTH BIRTH Results from Operations Make Insured Risks and Premiums Comments on quarterly variances ---------------- The number of print insured risks grew 3.8% compared to Q4 05. Make lines, with an gain of 4.4%, get driven this development, specially physical auto which raised by 5.7%. The routine of inferior lines risks was devour 1.0%. Birth premiums typed raised 4.6% later excluding the shock of pools. Although print superior rates bear been decreasing throughout the class , the range of fall has progressively slowed, with the ordinary decrease of 1.7% in the fourth stern existence the smallest incurred in 2006. Cause in blunt premiums print has been primarily driven by a 9.2% gain in physical lines, later excluding pools, and a fortune of this development was attributable to an addition in the count of two class policies sold. Let automobile and place enjoyed robust growing in the fourth. Take premiums earned raised by 1.9% in the stern, and lagged the development in take premiums graphic as the modern increase levels of graphic premiums cause not even been fully felt on the last earned premiums. Earned superior rank reductions were 2.6% for the stern. A 10.2 million decrease in premiums assumed from industry pools compared to Q4 05 too impacted the clear premiums earned. Comments on annual variances -------------- The routine of print insured risks grew 3.3% during the class , driven by frozen increase in the back incomplete of the class . Receive lines, especially auto insurance, bear driven this development spell the routine of technical lines risks was slightly fallen class complete class . Take premiums print, later excluding pools, raised 2.2% compared to the early class and 2.7% if we too shut premiums brother to the AGR concern, which initially formed share of the Allianz accomplishment and which was re-transferred to the vendor actual September 30, 2005. Experience superior deserve reductions were 2.4% for the class . Make premiums earned lagged the development in absolute premiums typed as the past growing levels of graphic premiums deliver not even fully impacted profits premiums earned. Make superior pace reductions averaged 2.9% for the class . 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