Risk
Canadian board executives are preparing for increased risk, but many still mistakenly believe that all D&O coverage is alike
By Paul Reynolds, Director, Bishop Phillips Consulting Canada | October 31, 2006
6 min read
At the CIAA's 2006 annual conference, a CEO panel suggested brokers need to be aware of a future distribution shift towards direct writing
By Michelle Ramsay, Partner, R-Squared Communications | October 31, 2006
ESIS Canada - an all-new Canadian risk management operation - has launched in Toronto. Using innovative, proprietary technology, the company is able to offer Canadian clients broad access to claims information available on both sides of the Canadian-U.S. border.
By David Gambrill | October 31, 2006
4 min read
Guarantee funds reduce the risk that insolvencies will dominate the front pages and thereby harm the insurance industry's reputation
By Darrell Leadbetter (left), Paul Kovacs (centre), and Jim Harries, PACICC | October 31, 2006
Canada’s risk managers are discussing a provo-cative new approach to their identity. At the 2006 RIMS Canada Conference in Calgary, a panel of experts took a hard look at the future of risk management and what risk managers need to do to perpetuate the health of their industry. Essentially, they advocate turning the profession’s whole […]
By David Gambrill, Editor | October 31, 2006
3 min read
Catlin Canada held a Sunday evening reception in September at the RIMS Canada Conference in Calgary. The theme of the lively evening, held at the Art Gallery of Calgary, was Conceive. Craft. Connect. Soiree. Guests enjoyed local exhibits and tasty fare as they dropped by for a visit between the conference’s roster of events and […]
October 31, 2006
The 15th annual Insurance Person of the Year award was presented to Patti Kernaghan at the Salute 2006 banquet, held in October at the Pan Pacific in Vancouver. Kernaghan is the president and CEO of Vancouver-based Kernaghan Adjusters Ltd. This marks the second time since the general achievement award was established in 1992 that a […]
The Reinsurance Association of America (RAA) publicly endorsed the Terrorism Risk Insurance report issued by the President’s Working Group (PWG) on Financial Markets. The report looks at market dynamics in the private terrorism insurance markets. The RAA said the report builds on the numerous important databases in both the public and private sectors addressing the […]
1 min read
A.M. Best Co. recently released a new methodology for rating the “basis risk” associated with parametric catastrophe bonds. The new methodology is designed to help the ratings agency determine the amount of reinsurance credit that can be claimed by the sponsors of such bonds. Insurers and reinsurers use “parametric” bonds to protect capital and to […]
2 min read
Western Financial Group has acquired a 25% initial interest in Hayhurst Elias Dudek Inc. (HED), the largest independent insurance broker/administrator in Manitoba.HED is one of the largest independently owned insurance brokers in Canada, with approximately 190 employees nationwide. HED’s head office and the majority of employees are located in Winnipeg, with additional offices in Toronto, […]
By Canadian Underwriter | October 31, 2006
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.