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Lack of premium growth nationwide and diminished results in the Ontario auto segment have constrained results for Canadian property and casualty insurers in the past year, according to a recent report published by Standard & Poor’s Ratings Services. Although 2007 results were generally good, a number of factors will play a part in dragging down […]
July 31, 2008
1 min read
Risk
Risk is the fuel that energizes Risk and Insurance Management Society (RIMS) vice president Joseph (Joe) Restoule. As vice president of RIMS, Restoule, who works at NOVA Chemicals Corporation in Calgary, is in all probability next in line to become RIMS president in January 2009. If he becomes president, he would not be the first […]
By David Gambrill, Editor | July 31, 2008
6 min read
Some risk managers are satisfied with taking advantage of the lower commercial rates offered in the current soft market cycle, but others insist more perks are available for the taking
By Craig Harris | July 31, 2008
9 min read
A recent cluster of very high catastrophic bodily injury awards in the Ontario courts have suggested the summit for future care costs is not fixed
By Vincent Chaignet and Kevin O'Toole, Munich Reinsurance Company of Canada | July 31, 2008
8 min read
Claims
Detailed tornado research has used debris patterns and downburst damage surveys to help determine wind speeds during severe storms
By Gregory A. Kopp Professor, Boundary Layer Wind Tunnel Laboratory, University Of Western Ontario | July 31, 2008
3 min read
Risk management needs to change as Canadian healthcare models change to health practitioner-owned, multi-disciplinary clinics
By Katherine Ionni, Arch Insurance Company (Canada Branch) | July 31, 2008
7 min read
Policy drafters should beware of including unnamed insureds in their builders' risk policies
By Ronald W. Silverson Partner, Gasco Goodhue LLP | July 31, 2008
Upon hearing the phrase “threat of asteroid impact,” insurers and risk managers in Canada almost invariably recall the Hollywood movie image of Bruce Willis blasting into space to save the day. Often viewed as a far-fetched natural catastrophe, asteroids, meteorites and comets — or near-earth objects (NEOs), as they are known collectively — are commonly […]
By Vanessa Mariga, Associate Editor | July 31, 2008
13 min read
The world’s population will expand by 50% in the next 50 years, according to United Nations forecasts. This growth will be accompanied by a 500% rise in the use of energy and a 300% increase in the use of materials. Nanotechnology — the manufacture and manipulation of materials at the atomic and molecular levels — […]
By Johanny Cruz Research Analyst, Advisen Ltd. | July 31, 2008
Risk managers face a number of challenges when their companies enter the fledgling carbon credit market
By Dan Riordan President, Surety, Credit And Political Risk, Zurich North America Commercial | July 31, 2008
4 min read
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