Risk
Online vehicle auctions promise to help insurers get the most dollars for salvaged cars, trucks and recovered theft vehicles.
By Vinnie Mitz, President, Copart Inc. | December 31, 2010
4 min read
1 McLarens Canada has acquired Upper Canada Adjusters Inc. Upper Canada Adjusters Inc. was established in 1995 and has a broad client base ranging from commercial insurers to self-insured corporate clients. Specializing in the high-end property and commercial liability market, Upper Canada Adjusters Inc. is now McLarens Upper Canada. The McLarens Upper Canada team is […]
December 31, 2010
5 min read
IMPACT OF SOLVENCY II ON GLOBAL INSURERS WILL BE “PROFOUND”: WILLIS RE The impact of Solvency II will be “profound” on the global (re)insurance market, and most companies will likely find their regulatory capital constrained for the first time, according to Willis Re. The fifth and final quantitative impact study (QIS5) of Solvency II was […]
November 30, 2010
2 min read
Climate models may be able to predict the frequency of North Atlantic hurricanes as far as 10 years ahead, well beyond the current seasonal timescale, Lloyd’s of London has reported. Lloyd’s awarded its inaugural Science of Risk Prize to Doug Smith of the U.K.’s Met Office for the finding. Smith’s research paper, Skilful Multi-year Predictions […]
1 min read
When Tina Gardiner received the prestigious 2010 Donald M. Stuart Award, she joined the ranks of those she considers to be mentors and teachers.
By Vanessa Mariga, Associate Editor | November 30, 2010
Collisions staged to extract fraudulent accident benefits payments from Ontario's auto insurance system is a key concern for insurers and politicians alike.
The inconclusive science around a link between regular cell phone use and brain cancer has left insurers cautious, but not panicked. Should insurers be concerned about a potential wave of claims?
By Craig Harris, Freelance Writer | November 30, 2010
9 min read
A study conducted by the Institute for Catastrophic Loss Reduction (ICLR) and Swiss Re concludes overland flood is insurable for Canadian homeowners.
By Paul Kovacs & Sharon Ludlow | November 30, 2010
6 min read
RSA Canada recently acquired GCAN Insurance for $420 million. Reflecting on the deal, RSA Canada's president and CEO, Rowan Saunders, says conditions are right for future M&A activity in Canada's property and casualty marketplace.
By David Gambrill, Editor | November 30, 2010
Many things are keeping primary insurance company senior executives awake at night, including the familiar wolves in the woods: water damage and the uncertain outcome of Ontario's auto insurance reforms. Add to this the ongoing volatility of global markets -- with suppressed interest rates hitting P&C insurers' investment income -- and even the specter of inflation related to economic recovery and you can see why insurers face many sleepless nights to come.
17 min read
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