Risk Archives - Page 307 of 392 - Canadian Underwriter

Uncollectibles – Fact or Fiction?

I was taught that doing business with companies with names such as “As-honest-as-the-day-is-long Re” is generally not a good idea as they are unlikely to live up to their standing. I was also warned to be wary of companies with glittering new headquarters, as the argument ran that the management of said companies would more […]

By Toby Stubbs | June 30, 2004

6 min read

Risk

Confidence and Consistency

There is a huge inventory of articles about the underwriting cycle and the "feast or famine" nature of the property and casualty insurance business. Much of the literature attributes cycles and the inevitability of cycles to economic factors and other external pressures.

By Tad Montross | June 30, 2004

9 min read

Risk

The “Exclusion Monster”

Most people who work in insurance are also purchasers of insurance. We see insurance as something that has a value to us, providing protection for ourselves and our families. But, I would like to speak as a consumer about coverages and exclusions, and offer a few thoughts about how we can improve this industry's image by giving consumers what they want.

By Rob Finnie | June 30, 2004

8 min read

Risk

Canadian Insurance Congress 2004: Collateral Damage

Insurer CEO speakers at this year's Canadian Insurance Congress, which was recently held in Quebec City, expressed uncertainty regarding the future financial prosperity of the property and casualty insurance industry, despite the dramatic improvement in companies' earnings over the course of 2003. The CEOs' main concern lay with the mandatory auto product - applying across nearly all of the provinces - due to inadequacy of claims cost reform measures that have been initiated by the provincial regulators. On a broader level, an economic presentation made at the congress also offered a dour mid to long-term outlook for the insurance industry.

By Sean van Zyl, Editor | June 30, 2004

7 min read