Risk

What’s New: In Brief (May 04, 2007)

Northbridge Financial Corporation (TSX:NB), a Canadian commercial property and casualty insurance group, has announced net earnings of Cdn$45 million for 2007 Q1, compared to net earnings of Cdn$61.8 million for 2006 Q1.Underwriting profit was Cdn$18.1 million for 2007 Q1, a decline from underwriting profit of Cdn$26.3 million for 2006 Q1.The company attributed in the decline […]

By Canadian Underwriter | May 4, 2007

1 min read

What’s New: In Brief (May 02, 2007)

Those who travel globally will be better covered thanks to a new comprehensive risk management package introduced by XN Financial. The new program can be customized to meet the needs of the traveller or travelers and is not limited to health care, preferred coverage, homeowners protection and concierge services. The vast majority of domestic insurance […]

By Canadian Underwriter | May 2, 2007

1 min read

Janice Ochenkowski to become RIMS president in September 2007

Janice Ochenkowski will be the new president of The Risk and Insurance Management Society Inc., beginning Sept. 1, 2007.RIMS made the announcement at the opening session of its annual conference exhibition, currently being held in New Orleans, L.A.Ochenkowski is the current vice president and director of RIMS and the managing director of Jones Lang LaSalle […]

By Canadian Underwriter | May 1, 2007

1 min read

Auto Physical Damage Claims: the Procurement Puzzle

Insurance companies buy millions of dollars each year in goods and services from vendors – auto collision repair centres, lawyers, adjusters and appraisers, for example – and there is an emerging recognition among some carriers that supplier “spend management” can be streamlined. The prominent players in this game are “procurement” professionals who are increasingly popping […]

By Craig Harris | April 30, 2007

12 min read