Risk
Risk Management Solutions (RMS) has launched the RMS Infectious Disease Model, the first commercially available probabilistic model for assessing the risk of influenza pandemics across multiple countries. The model, designed to help corporate risk managers, quantifies mortality and morbidity from nearly 2,000 potential pandemic influenza scenarios, says an RMS release. Factors that are taken into […]
February 28, 2007
1 min read
Auto
There remains room for Ontario’s auto rates to be lowered to a more “reasonable” rate, Ontario Premier Dalton McGuinty has indicated to the media. “Given the system that we inherited, we knew that the price of car insurance was a real pocketbook issue for our families,” McGuinty was quoted as telling a CP reporter in […]
2 min read
Willis Group Holdings has announced the appointment of Richard T. Hynes as president and CEO of Willis Canada. Hynes has more than 25 years of management and industry experience in the Canadian market, with market growth and business development being his key areas of focus within Willis. “Since joining the company in 2005, Rick Hynes […]
3 min read
Industry
Canada’s insurance regulators are contemplating market conduct surveys in the spring of 2007 that might ask insurance companies what they are doing to oversee the market behaviour of the brokers and sales intermediaries acting on their behalf. This is a development of which brokers should be aware, Dominion of Canada General Insurance Company president and […]
Tropical Storm Risk, a subsidiary of the Benfield Hazard Research Centre, has developed technology for its TSR Storm Tracker that can predict the amount of rainfall and where it will fall within a 60-km area. The new rainfall forecast capability is intended to help insurers, reinsurers and risk managers. The product will enable users to […]
The 22nd Annual Conference of the Canadian Independent Adjusters’ Association (CIAA), held Sept. 6 at The Pillar and Post Inn, Niagara- on-the-Lake, Ontario, saw the 2006-07 national executive elected. *** CIAA’s 2006 traditional “passing of the hat” president Craig Walker donned his officers hat and presented incoming president, Miles Barber, with a “British Shako” in […]
9 min read
Zurich Financial Services Group reported a US$4.5-billion profit in 2006, an increase of 41% over the company’s 2005 results. Zurich’s combined operating ratio of 94.2% represented a 6.6% improvement over 2005. General insurance gross written premiums and policy fees earned US$34.2 billion, and the underlying result increased by US$1.9 billion, or 1.1%, after excluding the […]
Risk managers in Canada are exploring the nuances of climate change, as well as pandemics and cyber threats
By Vanessa Mariga | February 28, 2007
13 min read
Halifax, Nova Scotia, which has managed its share of historical risks, will be home to the 2007 RIMS Canada Conference
6 min read
Public education can help snap flooding victims out of fatalistic attitudes
By Dan Sandink, Research Coordinator, Institute for Catastrophic Loss Reduction | February 28, 2007
10 min read
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