Risk
The International Underwriting Association (IUA) has launched a new Web site to discuss Solvency II, the planned new European solvency regime for insurers to be established in 2010.The new Web site outlines the background to Solvency II, including a summary of previous European Union (E.U.) directives governing insurer solvency rules since the 1970s. It also […]
By Canadian Underwriter | September 26, 2006
2 min read
Integro Insurance Brokers has implemented a new business venture with Indemnis Trade Risk Management, which will allow the broker to offer new trade risk management programs to its North American clients. “We are enthusiastic about our firm’s collaboration with Indemnis relative to large and complex trade risks,” said Roger Egan, chief executive officer of Integro […]
By Canadian Underwriter | September 25, 2006
1 min read
Munich Re has replaced its legacy systems with a new IT platform, Gloria (Global Reinsurance Application) platform. This new platform is intended to standardize business processes and the handling of reinsurance business. Munich Re says the new IT platform should also enhance as well as the quality and efficiency of activities such as underwriting, claims […]
By Canadian Underwriter | September 21, 2006
Camilion Solutions, a private company based in Toronto, New York and California which provides product management, underwriting and online sales solutions for the insurance industry has released ProductAuthority(TM) V5.1 the company’s flagship enterprise product management solution.”ProductAuthority V5.1 now incorporates the foundational standards – WSDL, SOAP and UDDI to make the solution fully Web Services compliant, […]
Kim Hunton of Ottawa is the 2006 recipient of RIMS Canada’s Donald M. Stuart Award, established in 1979 to recognize outstanding contributions to the field of risk and insurance management in Canada.Hunton received the award at a special awards presentation at the 2006 RIMS Canada Conference in Calgary. In a speech, Hunton said she was […]
By Canadian Underwriter | September 19, 2006
Once again the bar measuring the success of the annual RIMS Canada Conference has been raised with a record registration number of 699, secretary of the RIMS Canada Council Bruce Tainsh told the audience at the 2006 RIMS Canada Conference in Calgary.This success exemplifies the early success of RIMS Canada Council’s (RCC)’s new ten-year strategic […]
By Canadian Underwriter | September 18, 2006
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” of The Toa Reinsurance Company, Ltd.The ratings agency says Tao’s ratings, which both have a negative outlook, reflect the reinsurers “strengthened capitalization, solid presence in the Japanese market and sound asset portfolio. “”Toa Re has a […]
WICC (Women In Insurance Cancer Crusade) Ontario Chapter is hosting its 9th Annual “Breakfast for Breast Cancer” on Nov. 1, 2006.The breakfast will be held at the Arcadian Court, located on 401 Bay Street in Toronto.The guest speaker will be Susan Minns, a humourist and motivational speaker. Minns, who has Multiple Sclerosis and survived cancer, […]
Risk managers must focus more often on presenting to company management the opportunities and rewards of taking risks if they want the risk management profession to thrive in the future, panelists told people attending the RIMS Canada Conference Calgary Summit 2006.Panelist Felix Kloman of Risk Management Reports said if corporate managers hear only from their […]
ESIS, a risk management services company, has opened an office in Toronto under the name ESIS Canada, Inc. ESIS Canada will offer clients in the United States and Canada access to claims management and a wide range of risk control programs.Organized in 1953, ESIS is part of the ACE Group of Companies, headed by ACE […]
By Canadian Underwriter | September 15, 2006
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