Features
U.S. debate predicts “E-Revolution” for insurance
August 1, 1999 by Canadian UnderwriterThe 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…
Canadian First-Quarter Weak
August 1, 1999 by Canadian UnderwriterBusiness conditions for the Canadian property and casualty insurance industry remained weak for the first quarter of this year, with auto and personal property showing increased loss ratios across Ontario and Atlantic Canada, says Paul Kovacs in the Insurance Bureau…
On The Move (August 01, 1999)
August 1, 1999 by Canadian UnderwriterSt. 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.…
Queensway’s court coup
August 1, 1999 by Canadian UnderwriterAchange in senior executive positions at Toronto-based Queensway Financial Holdings Ltd. (TSE: QFH) has resulted in a shift in power from Canadian to U.S. management. A statement recently released by the company says James Petcoff and Mathew Petcoff will be…
Letters (August 01, 1999)
August 1, 1999 by Canadian UnderwriterDear Editor, The [June 1999] issue was excellent from cover to cover. I like the Autovision being separate rather than inserted. The subject matters are very different and while I read it from cover to cover as well, I did…
On The Move (July 01, 1999)
July 1, 1999 by Canadian UnderwriterEquisure 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…
Y2K – you’d better be ready
July 1, 1999 by Canadian UnderwriterInsurance 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…
Martin’s “Wait and See” strategy
July 1, 1999 by Canadian UnderwriterThe insurance industry is applauding the federal government’s just released white paper outlining the future of financial services competition in Canada. In line with insurer and broker demands, the government has blocked banks from retailing insurance through branches as well…
Counting the PENNIES
July 1, 1999 Sean van Zyl, EditorThe 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…
Why CEOs are stuck on GLOBALIZATION
July 1, 1999 Robert Gunn, president of Royal & SunAlliance CanadaCecil Rhodes, the 19th-century British financier, colonial administrator and sponsor of Oxford’s prestigious Rhodes Scholarship, once said, “I would annex planets if I could.” A read through the financial pages of any newspaper would suggest that many corporate presidents and CEOs feel the same way.
ROAD SAFETY SWITCHES GEARS
July 1, 1999 Lowell ConnThe 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…
the hot branding-iron of CONSUMERISM
July 1, 1999 Sean van Zyl, EditorThe new millennium is not only bringing Y2K exposures to the fore, but a sense of consumer branding. From companies, brokers through to reinsurers, the latest industry leader forums have all hosted an urgency to address consumerism. The property and…