Keyword
Risk
Business interruption due to breach top cyber risk concern for captive insurers: Aon
April 11, 2016 by Canadian UnderwriterThe costs of business interruption due to a breach is the top cyber risk concern for businesses across all industries, according to Aon Global Risk Consulting’s (AGRC) 2016 Captive Cyber Survey report, released on Monday. As Aon’s first cyber captive…
San Diego schools, students beneficiaries of 2016 RIMS Community Service Day
April 10, 2016 Angela Stelmakowich, EditorSAN DIEGO – Risk professionals from around the world rolled up their sleeves to use paintbrushes and other tools to provide schools in San Diego – host city of RIMS ’16: Go Beyond – with a facelift as part of…
Bleak outlook for energy insurers could lead to withdrawals from the market: Willis Towers Watson
April 5, 2016 by Canadian UnderwriterAn 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…
Cyber risk data ‘not all that robust,’ Willis Re speaker tells ICRMC
April 4, 2016 Greg Meckbach, Associate EditorCyber insurance has evolved considerably since 1999 but commercial insurers lack standardization in cyber policies and there is not a lot of data available for underwriters, a speaker suggested at a recent conference. For cyber risk, “the data is not…
Cyber insurance underwriters may want to consider less “absolute” questionnaires: ICRMC speaker
April 1, 2016 Jason Contant, Online EditorInsurers who underwrite cyber insurance may want to consider less “absolute” questions during their coverage questionnaires, a speaker suggested on Thursday at the 2016 International Cyber Risk Management Conference (ICRMC), held in Toronto. “I was the one that completed the…
Beazley’s data breach response insurance product now available in Canada
April 1, 2016 by Canadian UnderwriterBeazley announced Thursday it has launched its flagship breach response product in Canada, which protects the personal data of as many as five million individuals per breach. “Canada’s Digital Privacy Act, passed in 2015, will soon impose additional obligations on…
The Digital Edition of Canadian Underwriter magazine’s March 2016 issue
March 30, 2016 by Canadian UnderwriterDigital Edition below ↓ Cover Story – ‘Aggregation Aggravation’ While risk managers for large manufacturers tend to be aware of the vulnerability of their supply chains to major incidents affecting business partners, the same cannot necessarily be said for risk professionals…
Uncertain times highlight need for change at the CFO, finance levels: Deloitte
March 29, 2016 by Canadian UnderwriterAn increasingly uncertain business climate means finance departments have just four to five years to modernize if they are to meet the rising expectations of the organizations they serve, suggests a report issued Tuesday by Deloitte. Chief financial officers (CFOs)…