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National Insurance Conference of Canada

Feature Insurance

Keeping Pace

December 20, 2017 Jason Contant, Online Editor; and Angela Stelmakowich, Editor

Changes to Canada’s property and casualty insurance industry continue to keep industry players on their toes. Be it traditional matters like catastrophe losses, or emerging trends and risks for which little history is available, professionals must remain alert to how many risks can develop and how quickly they can transform.

News CatastrophesClaimsClimate ChangeInsuranceLegislation / Regulation

Time to fine-tune residential flood cover, consider high-risk areas: Enders

September 29, 2017 by Angela Stelmakowich

Flood-related cover for residential policyholders is far advanced from what it was when the devastating floods hit southern Alberta in 2013, but it is now time to refine those offerings and address outstanding issues, says Gord Enders, president of Direct-Line

News CatastrophesInsuranceMergers and AqcuisitionsProductsReinsurance

MSA calls for ‘sustainable solution for underinsurance’ in overland flood

June 27, 2017 by Canadian Underwriter

A potential solution to overland flood risk in Canada “could follow” the model of Britain’s Flood Re, MSA Research Inc. suggested in a report released Monday to Canadian Underwriter. Toronto-based MSA released its Quarterly Outlook Report for Q1 2017. In

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Ontario government ‘taking lessons learned’ from Fukushima nuclear disaster: Lalonde

May 23, 2017 by Canadian Underwriter

Ontario’s community safety and correctional services minister is calling on “everyone interested” to comment on proposed changes to the Provincial Nuclear Emergency Response Plan. The province is home to the world’s largest nuclear operating facility, Bruce Power reports on its

News CatastrophesInsuranceMergers and Aqcuisitions

Flood insurance ‘must be affordable:’ IBAC

December 16, 2016 by Canadian Underwriter

Residential flood insurance should be available and affordable and the government should provide a backstop without being an “insurer of first resort,” the Insurance Brokers Association of Canada said in a document released this week. Personal flood insurance “must be

News CatastrophesInsuranceReinsurance

New reinsurer view of Canada may be forming, likely to influence pricing

September 30, 2016 Angela Stelmakowich, Editor

VANCOUVER – The higher frequency of billion-dollar-plus natural catastrophe events in Canada contributes to the global reinsurance community viewing the country differently and pricing will need to change to reflect risk, Mark Cloutier, group CEO for Brit Insurance Ltd., said