Industry
As personal injury awards in Canada get higher and higher, reinsurers are examining the excess of loss market and wondering whether the industry as a whole might be hurdling towards availability issues.
By Craig Harris, Freelance Writer | October 31, 2009
7 min read
Claims systems are generally neither designed nor intended to provide consistent and reliable tax data, so P&C insurers may have a tougher time measuring the effect of the HST on claims settlement costs.
By Cliff Lee | October 31, 2009
5 min read
Insurers and brokers have worked together to create a public emergency endorsement intended to protect consumers when their policies are about to lapse during a public crisis.
By Brenda Rose & Randy Bundus | October 31, 2009
4 min read
General Rick Hillier was the keynote speaker at the opening ceremonies of the RIMS Canada Conference. In a speech that drew a lengthy standing ovation, Hillier shared stories that addressed Canada’s military role in the world, all the while demonstrating his trademark Newfoundland charm and humour. He recounted motivating soldiers under his command by appealing […]
October 31, 2009
1 min read
Seventy companies and organizations filled the Exhibit Hall at the RIMS Canada Conference in St. John’s. Delegates perused the marketplace, networked with colleagues and checked out the latest company offerings. See all photos from this event at www.canadianunderwriter.ca/gallery
Catlin Canada had everyone’s tails flipping during its Under the Sea party at the Martini Bar during the RIMS Canada Conference. Mermaids and mermen mixed, mingled and danced the night away. See all photos from this event at www.canadianunderwriter.ca/gallery
ARC Group Canada hosted a reception at the RIMS Canada Conference in St. John’s at Blue on Water. Guests were treated to a live band featuring one of Newfoundland’s very own unique instruments, ‘the ugly stick.’ This traditional Newfoundland musical instrument is fashioned out of household and tool shed items — typically a mop handle […]
Delegates of the 2009 National Insurance Conference of Canada (NICC), held in Ottawa, Ontario, enjoyed the opportunity to share drinks and discussion during the opening night of the conference and before enjoying the gala dinner. Over $18,500 was raised for WICC, the NICC chartiy of choice. See all photos from this event at www.canadianunderwriter.ca/gallery
Fairfax Financial Holdings Limited (TSX and NYSE: FFH) reported net earnings of US$562.4 million for 2009 Q3, marking an increase from 2008 Q3’s net income of US$467.6 million.The company cites the following factors that contributed to the year-over-year increase in net income:• Improved underwriting profit at Fairfax’s insurance and reinsurance operations (compared to a significant […]
By Canadian Underwriter | October 30, 2009
2 min read
The Public Health Agency of Canada has issued travel guidance asking Canadians sick with the H1N1 virus to postpone their travel plans — and has requested that airlines make it easier for travelers to re-book their flights.The airlines have responded by saying travel insurance is the best way to handle the re-booking of flights as […]
By Canadian Underwriter | October 29, 2009
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