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alternative risk transfer

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Why more companies aren’t using alternative risk transfer solutions

April 30, 2019 by Jason Contant

A lack of understanding about alternative risk transfer (ART) solutions, particularly among C-suite executives, remains a major obstacle to their expanded use, according a new report from Marsh and RIMS. Nearly half of C-suite respondents said they don’t understand how

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A.M. Best requests comments on draft ratings criteria for Canadian P&C insurers

April 27, 2017 by Canadian Underwriter

Oldwick, N.J.-based ratings firm A.M. Best Company is requesting comments from market participants in the insurance industry and other interested parties on the draft criteria reporting Understanding BCAR for Canadian Property/Casualty Insurers. BCAR, or Best’s Capital Adequacy Ratio, is calculated

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Strategic planning of Canada’s p&c industry must extend to five, 10 years: Cook

January 11, 2017 by Angela Stelmakowich

Canada’s property and casualty insurance industry must look farther ahead in its strategic planning than it may be used to ensure it fully grasps developing conditions and can address related changes, Philip Cook, CEO of Omega Insurance Holdings Inc., suggested

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Bleak outlook for energy insurers could lead to withdrawals from the market: Willis Towers Watson

April 5, 2016 by Canadian Underwriter

An oversupply of capital and falling demand from buyers, caused by cost-cutting in the wake of the oil price crash, is heaping pressure on insurers to the extent that they may eventually consider exiting the energy insurance market, or at