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CBI

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Why CBI insurance is on the rise in Canada

January 16, 2019 by Jason Contant

Contingent business interruption (CBI) insurance is on the rise in Canada, with an increase in both demand and higher limits, says the CEO and chief agent for Allianz Global Corporate & Specialty (AGCS) Canada. “This is one of the most…

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Reinsurance disputes and CBI exposures possible after North American wildfires and Louisiana floods: CMS lawyer

September 2, 2016 by Canadian Underwriter

A year of fire and floods in North America could lead to a repeat of 2007, when reinsurance disputes emerged over causation issues, a lawyer with global law firm CMS said on Friday. Alex Denslow, a partner with the Insurance…