Risk
Monday, September 20 Plenary session at 8:30am examining Swiss Air Flight 111 which crashed off the coast of Halifax, Nova Scotia. How did the government of Nova Scotia deal with this terrible tragedy and what lessons can be learned? Government personnel directly involved with the disaster will share their experiences. The second plenary session, entitled […]
July 31, 1999
1 min read
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. Canadian Insurance Accountants Association: Annual Conference. Contact Paul Mann at 905-274-2722. The Prince Edward Hotel, Charlottetown, PEI. Sept. 19-22. […]
The property and casualty insurance industry in North America will have to come to grips with the growth in e-commerce — in terms of client demands for cover as well as managing their own exposures to the Internet, a national live broadcast debate recently held by the U.S. Chartered Property Casualty Underwriters Society (CPCU) decided. […]
3 min read
St. Paul Fire and Marine Insurance Co. has announced Doug Wyseman, a leader in the field of risk management for the public sector, has joined the company to establish niche loss control services for its new public sector insurance division. Wyseman is a twenty-five year veteran of the risk management profession. The board of Royal […]
2 min read
Equisure Financial has made application to amend the name of its wholly owned chartered trust company to Equisure Trust Company from Evangeline Trust Company. Insurance Technology Advisors Ltd., a Canadian insurance marketplace consulting practice, announced that Domenic Maggio has joined the practice as a senior partner. Ontario Risk and Insurance Management Society has chosen its […]
June 30, 1999
Insurance companies were warned that the deadline for Y2K is nearly here, for both internal company systems and external coverage policies. At a morning session addressing all aspects of Y2K, TRAC Insurance Services Ltd. general manager Joel Baker revealed results from TRAC’s end of 1998 Y2K readiness survey. “Based on the data, I maintain that […]
The numbers say it all. Canada’s property and casualty insurance industry suffered one of its worst year-on-year performances last year, posting a modest return on investment of 7.1% — nearly half of 1997’s rate of return. Heavy underwriting losses incurred in 1998 — primarily due to the January ice storm — took a heavy toll […]
By Sean van Zyl, Editor | June 30, 1999
12 min read
The pendulum on road safety from an insurer perspective is swinging back from mechanical design of vehicles to a more holistic view of driving skills and adequacy of road infrastructure, delegates were told at the Insurance Information Centre of Canada’s (IICC) recently held Automotive Insurers & Manufacturers Forum. In addition, the forum’s speakers called for […]
By Lowell Conn | June 30, 1999
4 min read
Held against the backdrop of the nation’s capital, the 1999 Canadian Insurance Congress — seen as Canada’s premier reinsurer/primary company CEO forum — offered good news to insurers and risk managers on the treaty negotiation front. This year’s reinsurance rates, which normally come up for re-negotiation between August to November, are unlikely to show much […]
By Lowell Conn & Sean van Zyl | June 30, 1999
7 min read
The New York-based Risk and Insurance Management Society (RIMS) released its second annual Quality Scorecard which polled 1,259 risk managers rating the service of brokers, carriers and third-party administrators (TPA). The overall performances were similar to that of last year, with brokers rising by a single satisfaction point to 74 out of a 100 while […]
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