Risk
Industry representatives should actively pursue the formation of an Insurance Market Monitoring Board (IMMB) to consult with government on the state of the insurance market With the recent defeat of the Facility re-design proposal, it is appropriate to review the issue of why the insurance-consuming public may require risk-sharing pools and other types of insurance […]
By John McGlynn, President and CEO, Kingsway General Insurance Company | November 30, 2007
8 min read
Year 2007 is almost at a close, and while the industry results have generally been good this year (following a second straight relatively catastrophe-free season), they have not been stellar, and they have noticeably deteriorated compared to the 2006 results. This has insurance company CEOs wondering how they can sustain the good financial results of […]
November 30, 2007
19 min read
Principles-based solvency frameworks must progress from a vision to actionable, detailed guidelines that provide an advanced, yet realistic platform for solvency assessment
By Edward Easop, Vice President, Rating Criteria and Rating Relations, A.M. Best Company | November 30, 2007
6 min read
IBC's 7th Annual Regulatory Affairs Symposium
By David Gambrill | November 30, 2007
Critical Infrastructure Assurance Programs should focus on service delivery and physical assets
By Vanessa Mariga | November 30, 2007
5 min read
How to keep solvency statistics going in the right direction when damage loss estimates are headed the opposite way
By Darrell Leadbetter, Paul Kovacs (Executive Director), Jim Harries, Property and Casualty Insurance C | November 30, 2007
7 min read
Gore Mutual Insurance Company hosted a reception on Oct. 26 to celebrate the efforts of local charities. The Gore Mutual Foundation proudly donated more than Cdn$100,000 to the following charities: United Way of Cambridge & North Dumfries, KidsAbility Foundation, Cambridge Shelter Corporation, Cambridge and District Humane Society, Bereaved Families of Ontario (Midwestern Region), Women’s Crisis […]
Canada needs a formal, public-private, risk-sharing pool to provide businesses with coverage against the risk of terrorist attacks, Lloyd’s of London chairman Lord Peter Levine indicated in a prepared address to The Empire Club in Toronto. Fighting a spell of the flu and laryngitis, Levine read part of his speech aloud and then turned the […]
1 min read
The booming energy sector generally — and in particular, the hot oil and gas construction industry — can have a serious impact on replacement costs and business interruption coverages, so insurers need to ensure exposures are adequately priced, a Swiss Re report warns. In its latest Focus report, “Energy construction boom — a paradigm shift […]
The Supreme Court of Canada has agreed to hear the appeal of an Alberta court decision in which the court decided that photo i.d. for a driver’s licence is not mandatory.In a 2-1 decision the Alberta Court of Appeal ruled that members of the Hutterian Brethren Church of Wilson Colony who believe it is a […]
By Canadian Underwriter | November 29, 2007
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