Industry
Broker multiples are currently at an all-time high, but given the way the market is going, you can expect to see them drop in the future
By Peter Morris, Vice President, AMAC Consultants Inc. | March 31, 2007
7 min read
Risk
Derek Iles has taken over the reins of ING Insurance, part of a corporate restructuring at ING designed to make life easier for the broker channel
By Vanessa Mariga | March 31, 2007
4 min read
Brokers may find themselves arguing against bank and cross-pillar mergers in the future, so the time for political action is now
By Larry Kozakevich, President, Insurance Brokers Association of Canada | March 31, 2007
3 min read
CRA isn't double-dipping when it charges GST to IME providers that don't use their own premises
By Larry Silverberg, C.A. | March 31, 2007
The insurer must not treat the insured as an adversary whose interests may be disregarded, and this implies a reasonable and competent investigation of the claim.
6 min read
Claims
As claims officers and defence litigators wrestle with what causes Reflex Sympathetic Dystrophy [RSD], sympathetic Canadian courts are awarding large sums to its sufferers
By David Gambrill | March 31, 2007
Seemingly innocuous changes to the Insurance Companies Act in Bill C-37 may cause parent reinsurance companies operating outside Canada to question whether they will need to have a Canadian base in which to operate, according to Omega Insurance Holdings president and CEO Philip Cook. Cook was the keynote speaker at the ‘Industry Trends Breakfast,’ held […]
5 min read
More than just providing peace of mind in commercial land transactions, commercial title insurance can also help reduce corporate directors' liability exposures
By Eric C. Haslett, Assistant Vice President, Commercial Division, First Canadian Title | March 31, 2007
Those “record” profits insurers posted for 2006 will come in handy by the end of 2007, if the weather during the early part of this El Nino year is any indication. True to predictions, 2007 is turning out to be tough on insurers’ catastrophe lines – and as of this writing we aren’t even out […]
By David Gambrill, Editor | March 31, 2007
Overall, 2006 has been a “very strong year” financially for the Canadian property and casualty industry, the Insurance Bureau of Canada observed at the Swiss Re Canadian Insurance Outlook Breakfast in Toronto. If there is a cloud in the silver lining, however, it was reserve trends. The insurer’s use of reserves last year suggest the […]
March 31, 2007
2 min read
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