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In Memoriam: Ted Belton


March 17, 2008   by Canadian Underwriter


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Ted Belton, who dedicated half a century of his life to the Canadian insurance industry, died of a cardiac arrest in Toronto on Mar. 12.
Belton is perhaps best known as the president and C.E.O. of Edward F. Belton Enterprises Inc. and Forecast Publishers, the publisher of The Belton Report.
The Belton Report, discontinued upon Belton’s retirement after 52 years in the industry, presented industry results and analyzed trends and issues shaping the country’s property and casualty industry.
Belton’s career in the insurance industry began in 1949 at the Halifax Insurance Co. in Toronto. He worked at the Halifax Insurance Company until 1972, at which time left to join Safeco Ins. Cos. in 1973.
In 1974, Belton left Safeco to become the president and CEO of the Insurers’ Advisory Organization, where he worked until 1986.
He served as president and CEO of Canadian Insurance Exchange in 1987. He also worked in a variety of senior executive positions at the Pafco Insurance Companies in 1987, held a consultant position at Tillinghast (a Towers Perrin Company) in 1990 and was the director of research for RBC Underwriting Management Services from 1994 to 2000.
Those who wish to make charitable donations in his memory may do so to Providence Healthcare or the Parkinson’s Society of Canada.


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