CBUS targets $250 million premium outflow
January 1, 1999 by Canadian UnderwriterToronto-based Cross Border Underwriting Services Inc (CBUS), a subsidiary of the listed KRG Insurance Group, notched up half a million in premium dollars in its first year of operation. A specialist wholesale brokerage operator, CBUS was created a year ago…
RIBO meeting stresses industry SELF-REGULATION
January 1, 1999 Sean van Zyl, EditorThe last six years have seen dramatic change in the structure and method of business of the property and casualty insurance industry. These “winds of change” sweeping through the industry are primarily a result of the unprecedented consolidation activity and…
A fair shake?
January 1, 1999 Don Turner, an Adjusting ConsultantI am often asked what my profession is. Instead of saying, “insurance adjuster” I often respond “an arson investigator”. I choose the latter for simplicity and to avoid a volley of complaints from the public over perceived injustices in the settlement of claims.
DCLI captures first policy
January 1, 1999 by Canadian UnderwriterDCLI Underwriters has issued its first policy under its new program, Defendant’s Commercial Litigation Indemnity (DCLI), president Pierre Gregoire recently told Canadian Underwriter. DCLI insures pending litigation that is either uninsured or underinsured. “In this case, the litigation was totally…
Canadian Perspective
January 1, 1999 by Canadian UnderwriterThe Canadian aviation insurance market is relatively small in the global picture, notes Mike Wills, manager of marine and aviation at Royal & SunAlliance. The Canadian industry’s total aviation net premiums amounted to Cdn$83.8 million for 1997 compared with the…
Crossing the line in the battle against cancer
January 1, 1999 by Canadian UnderwriterInsurance broker and vice president of Toronto-based KRG Insurance Group Eileen Greene recently fulfilled a prophesy and raised more than $10,000 in donations for the Women In Insurance Cancer Crusade (WICC). Her cause was motivated by her mother. Last year…