Risk
Inadequate rates, worldwide catastrophic losses and consolidation in the primary market created dismal results for reinsurers in the past few years. But could there be a light on the horizon? CU's survey of Canadian reinsurance CEOs suggests change is in the wind, with rates set to rise this year and companies charting a course for profitability in the future.
By Vikki Spencer | November 30, 2000
18 min read
There is evidence to suggest that the traditional business planning cycle has been bent so far out of shape as to become irrelevant to property and casualty insurance. Faced with the "end of the cycle", insurers need to find a new barometer.
By Steve Hammond, leader of commercial underwriting practices at Ro | November 30, 2000
5 min read
A one-on-one interview with Franklin W. Nutter, President of the Reinsurance Association of America (RAA).
By Glenn McGillivray, head of corporate communication at Swiss Rein | November 30, 2000
7 min read
Not unlike the frustration and confusion expressed by the investment markets during the inconclusive and back-biting legal play that ended the race for of the U.S. presidential election, Canadian primary insurers have waited with baited breath from the middle of this year as the 2001 reinsurance treaty renewals approached. The cause of the market’s apprehension […]
By Sean van Zyl, Editor | November 30, 2000
4 min read
The Canadian Risk & Insurance Management Society’s (CRIMS) 25th annual conference – which was recently held in Edmonton, Alberta – centered on “Reflections” as an underlying theme for the event. The Alberta chapter of CRIMS, which organized this year’s event, also selected the “Northern Lights” as a visual metaphor reflecting back on the past development […]
Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. Ontario Risk and Insurance Management Society Seminar: Emergency Response Planning/Water Damage Restoration. Toronto, ON. For more information, call Marlene […]
October 31, 2000
1 min read
Like druids, witches and warlocks of ancient folklore, financial risk evaluators such as actuaries are generally treated by management of financial institutions with a degree of awe and suspicion. The mathematical risk recipes presented by these modern day wizards may as well be potions of batwings and toads in comparison with historical and standard business […]
By Sean van Zyl, Editor | October 31, 2000
10 min read
The landscape of the Canadian bond market has changed dramatically in recent years, and further change is certain to be on the horizon. The primary driver of this shift has been the rush by all levels of government in Canada to join the global trend toward fiscal discipline. Less government borrowing means a declining supply […]
By Cameron Laird, senior vice president with Scudder Kemper Investm | October 31, 2000
On paper, the Canadian property and casualty insurance industry’s earnings performance for the first two quarters of this year would strongly suggest at a rebound in real growth. In fact, Canadian insurers came home for the first half of this year with favorable figures across the performance ratios of almost double that of their southern […]
When Scot Dalton sold Dalton & Associates brokerage to the Cowan Insurance Group, it was not to step out of the insurance game. On the contrary, Dalton was ready to lead Cowan into the e-commerce world, as the country's first online, multi-quote brokerage. Now, after two years of planning and development, cowaninsure.com has hit the information superhighway, with long-term plans to stay ahead of the pack.
By Vikki Spencer | October 31, 2000
6 min read
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