Risk

Kingsway enters agreement with The Robert Plan (November 23, 2005)

Kingsway Financial Services Inc. (TSX:KFS,NYSE:KFS) has entered into a program management agreement with The Robert Plan Corporation (‘RPC’) to provide additional underwriting capacity to assume the policies serviced by RPC. The agreement is effective for new and renewal business on and after January 1, 2006.”We are pleased to have entered into an agreement with The […]

By Canadian Underwriter | November 23, 2005

2 min read

Risk management for small, non-profit operations: task force

Making risk management strategies available to small businesses and volunteer-based operations in Atlantic Canada should help improve the availability and affordability of insurance in the area, a task force has recommended.Established in February 2005, the Atlantic Task Force on Insurance Availability and Affordability released its final report in November 2005. The report contains a number […]

By Canadian Underwriter | November 23, 2005

2 min read

What’s New: In brief (November 22, 2005)

The insurance industry is sponsoring Operation Red Nose in Ontario, Alberta and the Atlantic provinces this year. The popular program offers a volunteer designated driver service for holiday revelers while raising money for charity (The service is free, but donations are accepted). “It’s a natural extension of our industry’s long-standing commitment to road safety” Mark […]

By Canadian Underwriter | November 22, 2005

2 min read

Insurance industry key in rise of credit derivatives

The insurance sector will continue to be a significant player in the “opaque” credit derivatives market, says the Fitch ratings agency.Fitch surveyed the activities of 120 financial institutions 73 banks and broker-dealers, 39 insurance companies and reinsurers, and eight financial guarantors in credit derivatives markets throughout the world.A credit derivative is a contract between parties […]

By Canadian Underwriter | November 18, 2005

1 min read