Canadian Underwriter


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Thinking outside the Canvas

August 1, 1999 Lowell Conn

The early 20th century was a revolutionary time for the fine art community, with “modern artists” such as Henri Matisse carrying forward the early exploration attempts of the impressionist painters in testing conventional “realist” theory. In many respects, the modern

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A Rocky Road An Ocean of Opportunity

August 1, 1999 Lowell Conn

There is a patriotic undertone to this year’s Canadian Risk & Insurance Management Society (CRIMS) national conference — “Risk on the Rock” — which will be held in St. John’s Newfoundland this coming September. In addition to hosting one of Canada’s premier national conferences, the province is also celebrating its fiftieth year of Canadian confederacy.

KOVACS
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Canadian First-Quarter Weak

August 1, 1999 by Canadian Underwriter

Business conditions for the Canadian property and casualty insurance industry remained weak for the first quarter of this year, with auto and personal property showing increased loss ratios across Ontario and Atlantic Canada, says Paul Kovacs in the Insurance Bureau

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Study shows buyers anti to reinsurance adjustments

July 1, 1999 by Canadian Underwriter

A Conning & Company reinsurance study concludes that buyers will not respond well to a general hardening of market rates. The study suggests that a reinsurance price increase will lead to a significant outflow of business from the traditional insurance

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Canadian 1-quarter ratios rise on consolidation costs

July 1, 1999 by Canadian Underwriter

Queensway Financial Holdings Inc. and St. Paul Companies released their first quarter earnings, with both showing results mirroring industry trends. Both companies followed the industry’s alarming trend of rising operating ratios. And while Queensway’s premium volume rose considerably — the

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On The Move (July 01, 1999)

July 1, 1999 by Canadian Underwriter

Equisure Financial has made application to amend the name of its wholly owned chartered trust company to Equisure Trust Company from Evangeline Trust Company. Insurance Technology Advisors Ltd., a Canadian insurance marketplace consulting practice, announced that Domenic Maggio has joined

COOKE
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Martin’s “Wait and See” strategy

July 1, 1999 by Canadian Underwriter

The insurance industry is applauding the federal government’s just released white paper outlining the future of financial services competition in Canada. In line with insurer and broker demands, the government has blocked banks from retailing insurance through branches as well

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Broker network focuses on rationalization expenses

July 1, 1999 by Canadian Underwriter

Canada Brokerlink Inc. posted first quarter results for this year showed business growth of 67%, and, at the same time, nearly doubling its assets to $67 million compared with the level for the same period in 1998. Revenue for first

patrick ryan
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Wake up, the “Knowledge Economy” is here

July 1, 1999 Sean van Zyl, Editor

The Insurance Institute of Ontario’s Centennial Symposium, recently held in Toronto, drew together several key local and international financial services experts who provided a mixed view of the future in terms of how current and emerging marketplace events will impact the property and casualty insurance industry. However, all of the speakers agreed that change is rushing the industry into a new era.

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The Internet’s consumer VOICE

July 1, 1999 Dennis Krueger, a U.S. freelance technology writer

Originally a medium for scientists to exchange information, the Internet’s use has rapidly expanded to become a virtual commercial marketplace. And, with the Internet’s commercial potential beginning to truly surface, consumers through news group forums and dedicated web sites are

NORMA NIELSON
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Learning to stay ahead

July 1, 1999 by Canadian Underwriter

“We’re in a world where the ‘world of products’ is going to get even bigger,” predicts Norma Nielson, chair of insurance at the University of Calgary. A major issue arising from the “blurring of traditional product lines” and the multi-skills

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Developing Financial Supervision The Canadian Solution

July 1, 1999 Lawrie Savage of Lawrie Savage & Associates Inc.

The 1990s saw considerable attention drawn to the global benefits of the so-called “hot” developing economies such as South America, Asia and the former Eastern Bloc countries. Most recently, we have seen plunging stock markets and economic uncertainty resulting in these same areas. Strangely, these have a link with trends in Canadian financial supervision.