Canadian Underwriter

Features


Feature

Modeling risk, or maybe not…

June 1, 1999 Sean van Zyl, Editor

With the rising trend of North American natural catastrophe losses, a great deal of attention is being turned to the development of computer simulated cat risk programs. Cat risk models are hardly a new technological advancement for the insurance industry,

Feature

Storming ahead successfully

June 1, 1999 Axiom

We couldn’t have picked a worse day for the opening of my company’s new regional office. Gale-force winds had blasted into the city overnight, knocking down trees and power-lines, shutting down the airport, and tearing the roofs off new, unfinished

Feature

1998 in perspective

June 1, 1999 Don Smith, Chairman of Trac Insurance Services

Last year I predicted 1998 would bring back a deteriorating trend to the property and casualty insurance industry. In addition to the January ice storm, I felt that the continuing “soft market” would have a negative impact on underwriting results.

Feature

Extreme Perils

June 1, 1999 Sean van Zyl, Editor

Natural disasters such as extreme weather, a volcanic eruption or an earthquake, are often quaintly referred to in the insurance world as “Acts of God”, adverse events which are seemingly unexplainable or beyond man’s control. Noticeably, the economic and insurance

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WICC dinner raises $37k

June 1, 1999 by Canadian Underwriter

The Women in Insurance Cancer Crusade (WICC) held its annual fundraising dinner at Toronto’s Sheraton Centre March 31, raising $37,000 for cancer research. An estimated 340 industry members took part in the fundraiser, which was highlighted by an auction in

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Feature

SECURING VIRTUAL PRIVACY

June 1, 1999 Ron Lepofsky, president, PTI Telecommunications

In most industries, the Internet has become an important business tool. Employees have access to endless possibilities for research, for improved communications internally and externally, and to work from home. Security in access and transferring information has, however, been the

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On The Move (June 01, 1999)

June 1, 1999 by Canadian Underwriter

Gore Mutual Insurance Company has appointed Kevin McNeil as president and chief executive officer. With 25 years of insurance, banking and industrial experience, McNeil has held senior positions in the insurance sector, including president of The Personal Insurance Company of

source: icbc
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The Safety Equation

June 1, 1999 Sean van Zyl, Editor

Recent months have seen increased pressure being brought to bear by the private property and casualty insurance industry to deregulate the monopoly positions of provincial government insurers. Due to its sheer size and control of one of Canada’s largest consumer

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Letters (June 01, 1999)

June 1, 1999 by Canadian Underwriter

Dear Editor, You are to be complimented on an excellent feature article, in the April Underwriter, on the threat posed by the big banks. The Independent Life Insurance Brokers of Canada have many members who also hold a p&c license.

Feature

Obituary

June 1, 1999 by Canadian Underwriter

“The elder statesman of Canadian Insurance Journalism, joined Canadian Underwriter as an assistant editor in 1952. What was to be a short stay between newspaper jobs ended up as a 33 year stint, 25 of it as managing editor. The

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Equisure posts record first quarter

June 1, 1999 by Canadian Underwriter

Equisure Financial Network Inc. (TSE: EFN) released record first quarter figures, setting new highs in revenue, net income, earnings, shareholders equity, assets and EBITDA (earnings before interest, taxes, depreciation and amortization). The company’s consolidated revenue was up 3% from 1998’s

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Mandatory mediation: Split decision?

June 1, 1999 Jonathan Schrieder, Milton J. Brown, Q.C. & Assoc., Barristers &

When the Financial Services Commission of Ontario (FSCO) introduced mandatory mediation of statutory accident benefits disputes, insurance companies quietly rejoiced. Essentially, the new rules preclude plaintiffs from launching an action at law prior to mediating issues in dispute which fall