43 articles for "Andrew Lo"
Telematics Smartphone App Lands in Canada
August 14, 2014 byKanetix app lets drivers know if UBI will help save on premiums
New app grades users’ driving skills to determine if they could benefit from UBI programs
August 13, 2014 by Canadian UnderwriterCalling it a first in Canada, KANETIX reports a free DriveSmart app by KANETIX.ca will help drivers gauge if they would benefit from usage-based insurance (UBI) programs and perhaps save money on their car insurance. UBI programs collect data from…
Awareness of UBI programs low among Canadians, but many willing to use telematics for lower premiums
May 28, 2014 by Canadian UnderwriterA majority of Canadians are optimistic about usage-based auto insurance if it could lower their rates, but awareness of telematics programs remains quite low, according to a new survey from Kanetix. “Consistent with all the other surveys so far, 18%…
Climate change insurance task force planned
March 13, 2006 by Canadian UnderwriterThe U.S. National Association of Insurance Commissioners (NAIC) recently agreed to establish a task force examining the impact of climate change on the insurance industry and consumers. The force will focus in on how the warming climate may affect insurance…
2003 Hurricane Season: La Nina’s Revenge
July 1, 2003 Vikki SpencerInsurers and reinsurers may soon find themselves caught in the “eye of the storm”, as La Nina rears its head once more, bringing in her wake predictions of increased hurricane activity. Should the Atlantic coast be hard hit this year by tropical cyclones, it would be a difficult blow for an industry trying to regain profitability. And, with even more meteorological mayhem expected for the winter season, La Nina may be a very unwelcome visitor indeed.
Reinsurance Perspective: 2004 Treaty Outlook
July 1, 2003 Donald Callahan, president of Guy Carpenter & Co. Ltd.As the 2004 reinsurance treaty season draws nearer, the Canadian marketplace appears to be in a state of turmoil as global reinsurers evaluate their capital positions and effective capital use. The result has seen withdrawal of several known names from…
U.S. cat losses continue
January 1, 1999 by Canadian UnderwriterCatastrophe losses continued to dampen U.S. property and casualty underwriters’ results for the third quarter of 1998, according to A.M. Best Company. The industry’s net income for the period fell 15% from the previous year’s level, due to higher underwriting…