Risk
Reinsurers and rating agencies examine captives' credit-worthiness
By David Gambrill | February 28, 2006
6 min read
The case for including claims managers in your brokerage firms
By Lovel C.J. Vining, Senior Associate, Integro Insurance Brokers | February 28, 2006
7 min read
Bonding ERM with corporate performance management (CPM)
By Craig A. Rowe, and Mike Laberge | February 28, 2006
5 min read
Regulators propose privilege for insurers, whistle-blowing protection for consumers
A good risk management plan can rescue your capital
By Barb Szychta, Director, Risk Management Services, Frank Cowan Company Ltd. | February 28, 2006
Fred Gorbet is an authority on Canadian financial services and financial services policy. He is the co-director of the Financial Services Program at York University's Schulich School of Business. He has served as Canada's deputy finance minister and as the executive director to the MacKay Task Force on the Future of the Canadian Financial Services Sector.
By Paul Kovacs, Jim Harries | February 28, 2006
Industry
Exhibitors were ‘working the show’ and ‘showing their work’, with over 170 exhibits from across Canada showcasing the latest services and products for the claims industry, at the Ontario Insurance Adjusters Association (OIAA) Claims 2006 Conference and Exhibition, held January 25, 2005 at he Metro Toronto Convention Centre. The extremely popular event for Insurance Claims […]
February 28, 2006
1 min read
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ING Canada Inc. (TSX: IIC.LV) reported a net income of Cdn$196.9 million for the quarter ended Dec. 31, 2005 – up 13.7% from Cdn$173.1 million in the same period of the preceding year. Revenues for the fourth quarter also increased to Cdn$1.1 billion – a 10.6% increase from Cdn$1 billion in the corresponding quarter of […]
Fitch Ratings upgraded FM Global’s financial strength in February from ‘AA-‘ to ‘AA’ (a “Very Strong” rating). Heightened confidence in FM Global’s underwriting performance, surplus growth, and the Company’s engineering expertise and ability to mitigate and absorb volatility prompted Fitch to assign the commercial and industrial property insurer a “Stable” rating outlook. According to Fitch, […]
Claims
The Co-operators General Insurance Co. (TSX:CCS.PR.A.) gained a consolidated after-tax net income of Cdn$39.1 million for the fourth quarter ended Dec. 31, 2005, compared to the Cdn$38.8 million profit for the same period in 2004. Gross written premium in the fourth quarter declined 1.8% to Cdn$486 million, compared with Cdn$495 million for the fourth quarter […]
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