Risk
EGI Financial Holdings Inc. (TSX:EFH) has announced a “very strong performance” in its 2006 Q3 underwriting business, driving a 170% improvement in quarterly earnings per share.In 2006 Q3, EGI Financial continued to show strong growth in its niche products division, the company announced in a press release.”This growth, combined with the addition of the Ontario […]
By Canadian Underwriter | November 8, 2006
1 min read
Aon Corporation (NYSE: AOC) has reported a 2006 Q3 net income of US$106 million, compared to $122 million during the same period last year.The company’s risk and insurance brokerage services revenue increased 5%, to US$1.3 billion, with organic revenue growth of 3%. The company’s overall organic growth was led by the reinsurance division’s organic revenue […]
By Canadian Underwriter | November 2, 2006
The Government of New Brunswick is negotiating with the province’s insurance industry to seek “the elimination of existing [auto insurance-related] territories and the elimination of discrimination based on gender when evaluating consumer risk,” according to a recent press release.The government recently appointed Fredericton lawyer Bill Anderson, a longtime government litigator, as its lead negotiator. The […]
By Canadian Underwriter | November 1, 2006
After the horrific storm season of 2005, what would Mother Nature do for an encore in 2006? It would appear she is giving Canada's reinsurers a break - resulting in a comparatively sunnier financial climate for the reinsurance market in 2006
October 31, 2006
11 min read
Ratings agencies are changing their methods for determining capital adequacy within the holistic context of Enterprise Risk Management (ERM). It remains to be seen what impact this will have on reinsurers.
10 min read
Catastrophe models are helpful, but they should be supplemented with a systematic, continuous and comprehensive approach to catastrophe risk management
By Guru N. Rao, Vice President, Managing Director, Aon Re Services | October 31, 2006
6 min read
What the Canadian insurance industry is doing about climate change
By Glenn McGillivray, Managing Director, Institute for Catastrophic Loss Reduction | October 31, 2006
Record-breaking attendance results at the 2006 RIMS Canada Conference in Calgary is attributed to the Council's strategic plan
Panelists at 2006 RIMS Canada Conference in Calgary talk about the future of risk management and how to prepare for the unthinkable
Tragedy is no stranger to the shores of Halifax, Nova Scotia: historically, thearea has been fraught with disasters — from the Titanic and Swiss Air, to the Halifax Explosion. But tragedy is only as severe as the response allows it to be. “We’ve been impacted by almost every major disaster, both natural and man-made, but […]
3 min read
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