Risk
The Financial Services Commission of Ontario (FSCO) has approved an average fourth-quarter rate decrease of 2.56% for 12 companies representing almost a quarter of the Ontario private passenger auto insurance market. The average rate decreases for the first, second, and third quarters were 1.12% (7.5% of the market), 1.62% (45.79% of the market) and 1.62% […]
January 31, 2006
2 min read
The storm season of 2006 will likely not result in a hard market along all product lines as would normally be expected after major catastrophe losses, according to a January 2006 Guy Carpenter & Company report entitled ‘U.S. Reinsurance Renewals.’ “On an industry-wide basis, it’s fair to say that the catastrophes of 2005 were an […]
Benfield Corporate Risk, a corporate insurance and risk intermediary, has recently opened a Canadian office in Calgary. Incorporated Jan. 19, Benfield Corporate Risk’s Canadian operations will be managed by Richard Cutfield. Cutfield has more than 25 years of experience in the insurance market and was formerly managing partner of Jones Brown Inc. At Jones Brown, […]
1 min read
Glenn McGillivray brings his communications experience to ICLR
By David Gambrill | January 31, 2006
6 min read
Increased scrutiny leads to cat model sophistication
10 min read
A Phoenix rises out of COBOL's ashes
By Anthony Kumnick, Managing Partner, OARBIC. | January 31, 2006
7 min read
Effective claims management is critical to an insurer’s bottom line and to superior customer satisfaction and retention. Once again we appear to be heading down the ‘soft market’ road with claims frequency poised to climb upwards, pressure is mounting on insurers to further: * Reduce the cost of claims. * Improve the claims adjustment process. […]
By Fred Silvestri, Director of SMART Insurance Technology, CGI Insurance Business Services. | January 31, 2006
CIP Society Toronto Chapter Seminar
Road temperature sensors point the way to safety
New Remediation Process for Water Damage Could Save Insurers 'Billions'
By Alan Forbess, President of Criterion Environmental | January 31, 2006
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