Canadian Underwriter

Keyword
aviation

Feature ClaimsLegislation / RegulationTechnology

Up in the Air

April 8, 2018 Sean Tindale, Lawyer, Partner, Hughes Amys LLP

Your client’s liability for negligent drone use is a gray area. Here’s what insurers should consider when assessing the civil liability of drone operators.

News ClaimsInsuranceTechnology

Drone collisions on radar of risk managers

February 15, 2018 Greg Meckbach, Associate Editor

A recent collision between a passenger plane and a drone has prompted Canada’s airplane accident investigation agency to warn of the risk of flying drones near airports. “The use of drones near an aerodrome or within controlled airspace poses a

News InsuranceMergers and AqcuisitionsProfessional Development

Hub International purchases “certain assets” of Quebec surety broker

August 8, 2017 by Canadian Underwriter

Chicago, Ill.-based Hub International Limited announced on Monday that Hub Quebec has purchased “certain assets” from Patrice Varin, through a corporation held by him. Terms of the acquisition were not disclosed. Varin will join Hub Quebec, bringing with him a

News Earnings / RatingsInsuranceMergers and AqcuisitionsReinsurance

Absence of large losses contributes to 20.6-point drop in Q2 combined ratio for PartnerRe

August 1, 2017 by Canadian Underwriter

PartnerRe Ltd. reported a combined ratio of 87.7% during the three months ending June 30, a 20.6-point improvement over 108.3% during the same period in 2016, when Canada experienced its most expensive natural disaster ever and a loss from an

News Earnings / RatingsInsuranceMergers and AqcuisitionsReinsurance

Combined ratio down 4.6 points at Axis Capital

July 28, 2017 by Canadian Underwriter

Axis Capital Holdings Ltd. reported Wednesday a 4.6-point improvement in its Q2 combined ratio, from 102.2% in the second quarter of 2016 to 97.6% in the latest quarter. Pembroke, Bermuda-based Axis Capital writes both reinsurance and commercial primary insurance worldwide

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

Lack of safety management systems found in “numerous” marine, aviation accident investigations: TSB

July 24, 2017 by Canadian Underwriter

Fifteen years after four passengers drowned in an accident aboard an amphibious sightseeing vehicle across the Ottawa River from the nation’s capital, the Transportation Safety Board of Canada warned Thursday that there has “been only limited progress” on expanding the

News CatastrophesLegislation / RegulationMergers and Aqcuisitions

Death rate on Canadian fishing vessels a ‘disturbing statistic,’ warns Transportation Safety Board

July 21, 2017 by Canadian Underwriter

The number of aviation accidents reported to the Transportation Safety Board of Canada during the year ending March 31 was nearly 20% lower than the 10-year average, but still “not enough has been done” to reduce the risk of collisions

News Insurance

Fatal plane crash report highlights concern about night visual flight rules: TSB

July 17, 2017 by Canadian Underwriter

There is an increased risk of aviation accidents if pilots flying at night are not required “to maintain instrument flying proficiency,” the Transportation Safety Board of Canada suggested in a recently-released report. On Nov. 9, 2015, a Cessna 182 crashed

Feature LegalTechnology

Aerial Manoeuvres

April 1, 2017 Jeffrey McCann, Vice President, Digital Strategy, Shaw Sabey & Associates

Brokers will play a critical role as trusted risk management advisors in the rapidly expanding drone industry. Brokers need to inform their customers that as soon as the rotors are turning, a standard general liability policy no longer responds, and either an aviation policy or an endorsement is required.

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Larger liability claims expected to become more expensive, complex: AGCS

March 30, 2017 by Canadian Underwriter

There is increasing potential for “larger liability claims to become more expensive, complex and international, demonstrating the pervasive and long-term nature of liability losses,” suggests a new global claims review released Thursday by Allianz Global Corporate & Specialty (AGCS). Industrial,

News InsuranceMergers and AqcuisitionsReinsurance

Q4 combined ratio up 14.9 points at Aspen

February 9, 2017 by Canadian Underwriter

Wildfires in Tennessee, an earthquake in New Zealand, Hurricane Matthew and energy-related losses all contributed to a 20.2-point deterioration in the fourth-quarter loss ratio in reinsurance for Aspen Insurance Holdings Ltd., while in primary insurance, Aspen reported a combined ratio

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

‘No progress’ since 2010 of mandating safety management systems to “broader range” of aviation, marine companies: TSB

November 1, 2016 by Canadian Underwriter

Some firms in Canada’s marine and aviation sectors are allowed to operate with no formal safety management processes, the Transportation Safety Board of Canada warned Monday. “Safety management systems have not yet been mandated in all sectors of the transportation