Risk
Alberta experienced one of the worst flood seasons on record in the summer of 2005 due to severe weather conditions, according to the Government of Alberta. These unprecedented conditions, which saw rainfall ranging from between 50 and 100 mm to more than 400 mm, influenced the province’s decision to create the Southern Alberta Disaster Recovery […]
June 30, 2006
1 min read
Standard & Poor’s Ratings Services (S&P’s) is updating its risk-based capital model. S&P’s says it is currently testing newly developed capital factors against the latest capital model used in its analytics for a large number of companies globally. The outcome of this testing will inform fundamental changes S&P’s plans to make to its modeling of […]
Proportional treaties are declining, leaving Canada's reinsurance market looking like an excess loss market
By David Gambrill | June 30, 2006
12 min read
Reinsurers are noticing the impact of long-tail catastrophic auto injury claims on their excess of loss business.
By Craig Harris | June 30, 2006
9 min read
The insurance industry is not meeting risk managers' expectations
6 min read
New models are putting the squeeze on the insurance industry to conserve and increase capital
5 min read
Supreme Court shuts the door - but not entirely - on social host responsibility
By Chris Dunn, Partner, Dutton Brock LLP | June 30, 2006
7 min read
Beautiful beaches and superb surf set the scene for the 2006 Annual Risk & Insurance Management Society Conference held in Honolulu. After a busy days networking among the many booths at the Hawaii Convention Centre, Canadian representatives gave a warm aloha to the hosts of numerous pacific themed dinners and receptions some of which include: […]
Business process management (BPM) avoids error of automating faulty business processes
Risk managers and insurers need to help businesses prepare policies and procedures for dealing with a terrorist attack
By Marc Sand, CEO, V.I.P. Protection | June 30, 2006
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