Claims

All quiet on D&O, E&O fronts despite subprime storm

The crisis in the subprime mortgage market has had little impact on availability, cost or policy conditions of directors’ and officers’ liability (D&O) and errors and omissions (E&O) policies, according to research by Advisen Ltd.Based on a survey of 110 insurance buyers, more than 90% of commercial banks, investment banks, mortgage lenders, real estate investment […]

By Canadian Underwriter | February 6, 2008

1 min read

Soft market could be around until 2010

North American and Bermuda reinsurers have authorized substantially more capital for the insurance market in 2008 than in 2007, meaning the current soft market could continue well into 2010, Guy Carpenter & Company LLC predicts.Kevin Stokes, the global leader of GuyCarp’s specialty property initiative, presented industry statistics for the U.S. property and casualty market on […]

By Canadian Underwriter | February 6, 2008

2 min read

What’s New: In Brief (February 05, 2008)

The Institute for Catastrophic Loss Reduction (ICLR) is hosting the 4th International Symposium on Flood Defence (ISFD4) on May 6-8 in Toronto at the Westin Harbour Castle.The theme is the management of flood risk, reliability and vulnerability. As recent flood disasters like Hurricane Katrina and the 2004 Boxing Day tsunami in Asia made abundantly clear, […]

By Canadian Underwriter | February 5, 2008

1 min read

Lloyd’s of London Anniversary

Lloyd’s of London celebrated 75 years in Canada with a special presentation and reception held at the Four Seasons Centre for the Performing Arts in November 2007. •

January 31, 2008

1 min read