Risk
The interconnectedness of risk is making for challenging times ahead, particularly for businesses with growing supply chains and those striving for improved sustainability.
By Ken Lavigne | July 31, 2010
5 min read
1 Two new Ontario Bar Association (OBA) executives are insurance law specialists. Lee Akazaki, the OBA’s new president, is a lawyer at Gilbertson, Davis, Emerson in Toronto. He specializes in personal injury, property damage, coverage disputes, commercial law, professional responsibility and property title defence. Morris Chochla was elected to the newly created position of second […]
July 31, 2010
The Ontario Risk and Insurance Management Society (ORIMS) held its annual golf tournament on June 22 at Deer Creek Golf Club in Ajax, Ontario. Three hundred and nineteen golfers attended the event, which took place immediately following the ORIMS annual general meeting. A torrential rain may have soaked the golfers, but it didn’t dampen anyone’s […]
1 min read
ONTARIO REGULATES FAIR PRICING AMONG INSURER AFFILIATES The Financial Services Commission of Ontario (FSCO) has amended its Unfair or Deceptive Acts or Practices (UDAP) regulation to ensure fair pricing among insurance company affiliates and their distribution channels. The UDAP now requires “affiliated insurers and their agents/brokers to provide a consumer with the lowest rate that […]
June 30, 2010
OSFI's recommended reinsurance reforms would eliminate percentage limits on the use of unregistered and registered reinsurance, but will these reforms change much in Canada's current reinsurance marketplace?
By J. Brian Reeve | June 30, 2010
7 min read
Sharon Ludlow, the new CEO of Swiss Re's Canadian operations, sees an opportunity for cat bonds in Canada, but only in the event of M&A activity among the industry's major players.
By David Gambrill, Editor | June 30, 2010
The oil slick created by the sinking of the Deepwater Horizon rig in the Gulf of Mexico has muddied the global insurance markets.
By Vanessa Mariga, Associate Editor | June 30, 2010
6 min read
Response Paper: Reforming OSFI's Regulatory and Supervisory Regime for Reinsurance; OSFI spells out its new expectations related to reinsurance governance and risk management.
By Robert McDowell & Koker Christensen | June 30, 2010
8 min read
Amendments to workplace legislation in Canada require companies to protect their employees from workplace violence -- whether in Canada or abroad.
By John Proctor | June 30, 2010
Canada's reinsurance market is often portrayed as "flat," a word used to describe premium growth, rates and retentions. A glut of capital is responsible for giving the Canadian reinsurance marketplace a stable, if somewhat two-dimensional feel.
By David Gambrill | June 30, 2010
14 min read
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