438 articles for Aug 2007
2006 Claims Trends: Severity Up, Frequency Down
January 1, 2007 Vanessa MarigaThe stormy seasons of 2004 and 2005 brought grim outlooks for 2006. Insurers held their collective breath and battened down the hatches, bracing for the next set of storms that Mother Nature was going to hurl their way. But calm…
Litigation Litmus Test
January 1, 2007 Gregory Somerville, Executive Vice-President, Claims and Reinsurance, Aviva Canada / Karin Ots, ViceThe New Year sees new challenges to the legal predictability coveted by insurers
EGI Financial enters U.S. non-standard auto market
December 13, 2006 by Canadian UnderwriterEGI Financial Holdings Inc. has entered the United States non-standard automobile insurance market, signing a reinsurance treaty with AssuranceAmerica Insurance Company (AAIC).AAIC has accepted EGI Financial Holdings’ authorization to underwrite 17.6% of AssuranceAmerica’s 2007 quota share reinsurance treaty. Under this…
Views (December 01, 2006)
December 1, 2006 by Canadian UnderwriterACE INA Insurance and ACE INA Life Insurance recently its annual cocktail reception in October at Le Royal Meridien King Edward Hotel in Toronto. *** The Natural Sciences and Engineering Research Council of Canada (NSERC), the Benfield Group and the…
Capital Gains
November 1, 2006 by Canadian UnderwriterRatings agencies are changing their methods for determining capital adequacy within the holistic context of Enterprise Risk Management (ERM). It remains to be seen what impact this will have on reinsurers.
The Co-operators supports tree-planting efforts following tornado
October 3, 2006 by Canadian UnderwriterThe Co-operators has pledged $5,000 to Tree Canada to assist with tree planting efforts following the damage caused by an F2 tornado that touched down near Ottawa on Aug. 2.The amount is in addition to the claims The Co-operators handled…
Checkmate for Brokers?
October 1, 2006 David GambrillBank Act Review, 2005-07
Setting the Standards for Success
October 1, 2006 Joy Martin, Senior Standards Analyst, Administration and Operations, CSIOCSIO has launched its EDI Assessment Project to smooth technological integration between brokers’ and insurers’ systems
Moves (September 01, 2006)
September 1, 2006 by Canadian UnderwriterCrawford Adjusters Canada welcomes John Taylor as vice president, human resources and training. Taylor began his career as an independent insurance adjuster at Crawford after graduating from Wilfrid Laurier University’s Bachelor of Business Administration program in 1986. He worked as…
The Business of Staying in Business
August 1, 2006 Craig HarrisCanadian companies have learned lessons from recent disasters, but are they prepared for The Big One?
Views (July 01, 2006)
July 1, 2006 by Canadian UnderwriterAt the Risk and Insurance Management Society (RIMS) 2006 Conference in Honolulu, HI, Roger Andrews, director of risk management for E.D. Bullard Co., accepted the society’s distinguished Harry and Dorothy Goodell Award. Andrews accepted the RIMS award for “furthering the…
Revival of Relationships
June 1, 2006 David GambrillCelebrating 25 years of “fun” at Peace Hills Insurance