Risk

Lloyd’s observes dramatic increase in UK cybercrime

Cybercrime is on the increase in the United Kingdom and elsewhere, and risk managers need to be better prepared to deal with cases of Internet-crime including Internet fraud, junk email or ‘spam’, viruses and hacking, according to Lloyds of London.In 2004, credit card fraud over the Internet cost the United Kingdom 117 million (Cdn$264.5 million) […]

By Canadian Underwriter | April 9, 2007

2 min read

CIP Society launches monthly, “emerging trends” papers

The CIP Society, the professionals division of the Insurance Institute, has launched a series of monthly “emerging trends and issues” papers to focus discussion by experts on a variety of leading-edge topics.The first in the series is an analysis of pandemics, which is currently available to members online. Subsequent papers are to feature subjects such […]

By Canadian Underwriter | April 5, 2007

1 min read

Integro launches global insurance/reinsurance unit

Integro Ltd. announced the formation of an international insurance and reinsurance business unit, designed to offer unique worldwide insurance and reinsurance business capabilities for independent brokers and partners. Based in London, its brokers will have access to the global markets without limitation, according to an Integro release. Our plan is to develop an independent insurance […]

By Canadian Underwriter | April 5, 2007

1 min read

Risk Specialists acquires Guild Underwriters

Risk Specialists Companies Inc. (RSC), a member company of American International Group, Inc. (AIG), has announced the acquisition by its subsidiary of substantially all of the assets of Guild Underwriters Napa, Inc. and its affiliated companies, doing business as SRO Napa and owned by Toronto-based Fairfax Financial Holdings Limited.SRO Napa is a California-based managing general […]

By Canadian Underwriter | April 3, 2007

1 min read