Risk
More than 65 exhibitors turned out for the trade show and strolling dinner opening the Insurance Brokers Association of Alberta (IBAA)’s 2011 Annual Convention in Jasper, Alberta on May 15. The three-day event featured the IBAA’s annual general meeting, as well as a keynote address by Jeremy Gutsche of TrendHunter.com. Gutsche’s speech encouraged insurance industry […]
June 30, 2011
1 min read
RMS has released its first-ever Canadian hurricane risk model. Estimates show a direct hit on Nova Scotia could cost the Canadian P&C insurance industry up to $6 billion in losses.
By Matthew Nielson and Clare Salustro, Risk Management Solutions | May 31, 2011
3 min read
Banks have developed a technological 'box' for handling customers' low-maintenance banking transactions (ATMs and Internet banking, for example). Insurers could develop a similar 'box' to provide automated, online underwriting.
By Vesna Spasic, product manager, Palomino Systems Innovations Inc. | May 31, 2011
6 min read
A catastrophe model may not be the best tool for all purposes, or for all users
By Karen Clark, president, CEO, Karen Clark & Company | May 31, 2011
5 min read
Today's interconnected insurer is much better able to access new sources of information and data; collaborate virtually with suppliers and partners; share data cooperatively and allow customers to serve themselves efficiently.
By Jamie Rodgers and Clinton D'Souza | May 31, 2011
Canada's insurance industry faces an exposure of up to $1 billion related to repair of building construction defects. The industry can take positive steps to help in the mitigation of this exposure.
By Stephen Blaney, President; John McGlone, Principal Engineer; Kleinfeldt Consulting Ltd. | May 31, 2011
Alister Campbell, CEO and chief agent of Zurich Canada, has been elected chair of the Property and Casualty Insurance Compensation Corporation (PACICC). Campbell has held his post at Zurich since October 2007. He has worked in the insurance industry for more than 25 years and has held senior executive positions in a range of capacities […]
May 31, 2011
4 min read
Risk professionals from around the world came to Vancouver between May 1 and 5 for the 2011 Risk and Insurance Management Society (RIMS) Annual Conference and Exhibition. The theme of this year’s conference was ‘Advantage: RIMS.’ Conference speakers included Apolo Anton Ohno, olympic gold medalist and winner of Dancing with the Stars, Stephen Dubner, author […]
2 min read
When you consider these global disasters on a cumulative basis, the numbers start to look foreboding. We're barely 16 weeks into the year and we are already between one quarter and halfway to the analysts' projected target for raising more capital.
April 30, 2011
Several factors are squeezing the availability of vehicle repair parts, thus increasing repairable average severity.
By Greg Horn, vice president of industry relations, Mitchell International Inc. | April 30, 2011
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