Industry
More wishes will be coming true this year thanks to the 15th Annual Starlight Insurance Gala, held in support of Starlight Starbright Children’s Foundation. The event was black-tie, but that didn’t stop guests from “taking a walk on the wild side” — the theme of the evening. Sixteen wishes were sold, raising a grand total […]
May 31, 2009
1 min read
Catlin Canada held an office-warming event at their new Toronto office on May 2. The open house saw clients and friends partake in food, drinks and music spun by a DJ.
Friends and members of the Insurance Brokers of Toronto Region (IBTR) saddled up for a good time at its annual Friendship Night on May 7 at Spirale Banquet Hall. Guests enjoyed good food, drinks, loads of prizes and ample networking opportunities.
The Property Casualty Underwriters Club (PCUC) held its May luncheon in Toronto on May 20. Speakers Jack Lee, vice president of BFL Canada, and Joel Baker, president and CEO of MSA Research Inc., discussed ‘The World’s Financial Crisis: The Effects of Systemic Risks on the Property/ Casualty Insurance Industry.’
‘Survival Strategies — A Bridge Over Troubled Waters: Local, National and Global Perspectives’ provided the thematic basis for the CIP Society’s 2009 Symposium. Delegates participated in interactive group discussions and seminars, and heard keynote speeches by Warren Jestin, senior vice-president and chief economist, Scotiabank Canada; Glenn Gibson, global chief strategy officer of Crawford & Co.; […]
Cathy S. Ramsundar was appointed president of the Toronto Insurance Women’s Association (TIWA). TIWA is the Toronto chapter of the Canadian Association of Insurance Women (CAIW).She received the appointment at the association’s annual general meeting on May 19.Ramsundar is an associate insurance broker with Mitchell Sandham Inc. in Ajax, Ontario. She has worked in the […]
By Canadian Underwriter | May 29, 2009
As collective redress (i.e. class action) suits increasingly become part of the global legal landscape, the insurance industry needs to assess which economic sectors will likely be exposed to more litigation and explore opportunities to provide products and services to these sectors. In its report, The Globalisation of Collective Redress, Swiss Re identifies both the […]
The Office of the Superintendent of Financial Institutions (OSFI) has revised its Advisory 2007-01—Insurance in Canada of Risks in an effort to further clarify what is meant by “the insurance in Canada of risks.”The phrase is a key component of OSFI’s proposed changes to Part XIII of the Insurance Companies Act (ICA).“This advisory provides guidance […]
2 min read
Manitoba Public Insurance (MPI) will be providing larger, immediate rate reductions for those who have been free of at-fault claims and convictions for 15 or more years.The Public Utilities Board approved MPI’s application for a change in rates to be charged under the driver safety rating (DSR) system. MPI estimates that roughly 170,000 vehicle owners […]
Brokers looking to sell insurance to reluctant, high-end art aficionados might benefit from acting much like wealth managers in the business of protecting their customers’ assets. Katja Zigerlig, vice president of fine arts, wine and jewelry insurance for AIU Holdings’ Private Client Group, made the observation in a seminar for brokers in Toronto on May […]
By Canadian Underwriter | May 28, 2009
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