Risk
Ontario's auto reforms highlight the importance of documenting all communications with consumers - even if those communications prove to be entirely one-sided.
By Kadey B.J. Schultz, Partner, Hughes Amys LLP (Toronto) | August 31, 2011
7 min read
Robert McDowell, Financial Insitutions and Services Group, Fasken Martineau DuMoulin LLP; and Koker Christensen, Financial Institutions and Services Group, Fasken Martineau DuMoulin LLP The financial crisis revealed many financial institutions around the world did not fully appreciate the risks to which they were exposed. The Senior Supervisors Group, which includes the Office of the Superintendent […]
August 31, 2011
6 min read
What once was a 'credit' crisis has now been re-branded a 'sovereign debt' crisis. Either way, insurers' investment income remains threatened.
By David Gambrill, Editor | July 31, 2011
3 min read
Canadian Market Slave Lake wildfire ranks second-costliest insured disaster in Canadian history Insured damage caused by wildfires that ravaged much of the town of Slave Lake, Alberta in May has hit the $700-million mark, according to the Insurance Bureau of Canada, citing PCS-Canada data. That makes the Slave Lake wildfire the second-costliest insured disaster in […]
July 31, 2011
5 min read
RIMS President Scott B. Clark is a big believer in strengthening the organization's local chapter base and expanding the political influence of risk managers, which may be of benefit to Canadian RIMS chapters in the future.
Geopolitical, regulatory, financial and other risks tend to dominate the supply chain conversation, leaving supplier property risk as a potential blind spot.
By Ken Lavigne, Senior Vice President, Canada Division, FM Global | July 31, 2011
Today's technology makes it possible to take a more holistic approach to claims management, by providing detailed and timely information on individual claims and the ability to learn from the loss experience of the broader industry.
By Kirsten M. Early, Assistant Vice President, Global Claims Practice Leader, ESIS Inc. | July 31, 2011
4 min read
Tax Information Exchange Agreements (TIEAs) provide an opportunity for Canadian firms, many of which have located captives in countries sharing a double-taxation treaty with Canada, to re-domicile their operations to alternative jurisdictions offering commercial and tax advantages.
In a value-driven approach to managing supply chain resiliency, risk is viewed in the context of how the organization makes money.
Risk management has evolved since the financial crisis. Historically, its purpose has been perceived narrowly as a means to protect value. Now, however, its practitioners conceive risk management as a means to create value over a longer-term horizon. Concomitant with this evolution, technology has expanded, allowing risk managers to delve deeper into their companies' risk portfolios.
By Vanessa Mariga | July 31, 2011
14 min read
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