Risk
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. In the spring of 2017, the public spectacle over the now infamous Fyre Festival seemingly broke the Internet. Since then, several movies and dozens of articles […]
By Alyssa DiSabatino | August 25, 2022
4 min read
Canada’s solvency regulator is seeking comment on its proposed approach for regulating P&C insurers' cryptocurrency risk exposure.
By David Gambrill | August 22, 2022
3 min read
Navacord Corp. has completed its 15th M&A deal of the year, this one involving a large commercial brokerage known for its risk management expertise with automotive dealerships. Navacord’s latest partnership is with Ottawa-based Binks Insurance Brokers Limited. Founded in 1918, Binks is a multi-generational commercial brokerage known for its risk management expertise with automotive dealerships […]
By Jason Contant | July 26, 2022
2 min read
Québec businesses are more likely to prioritize business interruption and environmental risks than their counterparts in the rest of the country, according to a new report by Aviva. However, both Québec and the rest of Canada are equally keen on risk management, the survey finds. Business interruption risks ranked first among the concerns of Québec […]
By Alyssa DiSabatino | July 12, 2022
ST. JOHN’S, N.L. – Newfoundland and Labrador’s offshore oil regulator is laying charges in connection with a 2019 oil spill in the Hibernia field, which sits about 315 kilometres off the coast of St. John’s. The Canada-Newfoundland and Labrador Offshore Petroleum Board says it charged Hibernia Management and Development Company with three offences related to […]
By The Canadian Press | July 6, 2022
1 min read
Canada's P&C insurance industry is turning its mind toward the next item on its global risks list – the threat of an economic recession.
By David Gambrill | June 20, 2022
The Office of the Superintendent of Financial Institution’s (OSFI) newly released draft of Climate Risk Management may mean P&C insurers will have to include climate scenario analysis as a part of their stress testing — and it may require insurers to account for additional capital. Pertinent to insurers, scenario analysis for climate-related financial risks is […]
By Alyssa DiSabatino | May 26, 2022
Job opportunities are growing for risk managers
By Phil Porado | May 19, 2022
Pandemic-related supply chain interruptions have been contributing factors to rising commercial client exposures, and this outcome could have been anticipated, say panellists in a Canadian Underwriter webinar. “When you think about firms who have offshored, whether it be processing, or data entry…I don’t know that we necessarily contemplated the impact that a closure in India […]
By Alyssa DiSabatino | May 9, 2022
Loss control strategies had to pivot amid the COVID-19 pandemic, and while many insurance carriers reverted to ‘Old School’ loss control inspections via the phone, some took it even further, industry experts share during a Canadian Underwriter webinar. The height of the pandemic saw commercial clients inspected via drone or satellite imaging, panellists shared […]
By Alyssa DiSabatino | May 5, 2022
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