Keyword
Insurance Industry
Half of surveyed CEOs plan to adopt cognitive computing by 2019: IBM study
July 11, 2017 by Canadian UnderwriterHalf of surveyed chief executive officers across the globe plan to adopt cognitive computing by 2019, according to a recent study conducted by the IBM Institute for Business Value (IBM IBV). The study, titled Accelerating enterprise reinvention: how to build…
Swiss Re plans to expand R&D capabilities to efficiently allocate capital into growing risk pools
December 2, 2016 by Canadian UnderwriterSwiss Re’s stronger focus on and investment in research and development (R&D) to identify risk pools, as well as its move to further leverage technology, seeks to meet the twin goals of facilitating enhanced client support and creating competitive advantage.…
Transport Canada does not systematically consult with stakeholders like insurers on vehicle safety standards: Auditor General
November 29, 2016 by Canadian UnderwriterTransport Canada (TC) does not develop motor vehicle safety standards to respond to emerging risks and issues in a timely manner and does not systematically consult with important stakeholders, such as insurers, according to the Auditor General of Canada’s latest…
200-year loss scenario from flood in Canada could produce insured losses of $5.7 billion: Swiss Re
June 15, 2016 by Canadian UnderwriterFlood is clearly the number one peril in Canada, with Swiss Re estimating that a “perfect storm” flood scenario would result in economic losses of $13.8 billion and insured losses of $5.7 billion. Developed using the company’s new probabilistic flood…