Canadian Underwriter


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Storming ahead successfully

June 1, 1999 Axiom

We couldn’t have picked a worse day for the opening of my company’s new regional office. Gale-force winds had blasted into the city overnight, knocking down trees and power-lines, shutting down the airport, and tearing the roofs off new, unfinished

CHUCK BYRNE
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IBABC 99 AGM AND CONFERENCE: Regional Unity the Cornerstone

June 1, 1999 Sean van Zyl, Editor

Promoting regional unity and getting out on the road to read member needs and concerns first hand are central issues of the Insurance Brokers Association of British Columbia’s strategic growth plan for the year ahead. Although brokers should remain competitive

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Letters (June 01, 1999)

June 1, 1999 by Canadian Underwriter

Dear Editor, You are to be complimented on an excellent feature article, in the April Underwriter, on the threat posed by the big banks. The Independent Life Insurance Brokers of Canada have many members who also hold a p&c license.

source: icbc
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The Safety Equation

June 1, 1999 Sean van Zyl, Editor

Recent months have seen increased pressure being brought to bear by the private property and casualty insurance industry to deregulate the monopoly positions of provincial government insurers. Due to its sheer size and control of one of Canada’s largest consumer

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RIMS 99: HOLISTIC RISKON THE HORIZON

June 1, 1999 Lowell Conn

Dallas, Texas was the site of the Risk & Insurance Management Society’s recent 37th annual conference and exhibition where 4500 delegates met, networked, and examined a profession undergoing large-scale transformation.

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SECURING VIRTUAL PRIVACY

June 1, 1999 Ron Lepofsky, president, PTI Telecommunications

In most industries, the Internet has become an important business tool. Employees have access to endless possibilities for research, for improved communications internally and externally, and to work from home. Security in access and transferring information has, however, been the

Panel members: (standing) John Phelan of Munich Reinsurance of Canada, (sitting from left to right) Igal Mayer of General Accident Group Canada, Skip Sutherland of Crawford Adjusters Canada, Lovel Vining of Mayne Nickless Canada, and John Chippindale of J&H Marsh & McLennan.
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globally Speaking

April 1, 1999 Sean van Zyl, Editor

The CICMA and CIAA 99 Joint Conference – held in Toronto in February – focused on the competitive challenges reshaping the p&c insurance industry. The overall message delivered at the event was clear: the process of industry change, mainly as

Growth in net written Premiums% increase in net written premiumsSources: A.M. Best. Projections by Guy Carpenter.
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U.S. Insurance Market Outlook

April 1, 1999 Sean Mooney, senior vice president at Guy Carpenter & Company In

Forecasting the U.S. insurance industry in recent years has been a rear view mirror exercise. The rate of growth in the industry has been in the same 2% to 3% range and profitability indicators have shown little change from year

Year Ended December 1998 (millions)-
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Kingsway delivers star performance

April 1, 1999 by Canadian Underwriter

TSE-listed Kingsway Financial Services Inc. (KFS) disclosed an 18% rise in earnings to 86c a share for the 1998 financial year ended December compared with that of the previous year. The return on equity for the year clocked in at

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Transatlantic reports record 1998

April 1, 1999 by Canadian Underwriter

Global reinsurer Transatlantic Holdings Inc. has reported record net income earnings for 1998, up 33.4% from 1997’s US$185.5 million to 1998’s $247.5 million. Net income diluted on a common share basis rose $1.76 from 1997’s $5.34 to 1998’s $7.10. Record

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We are Doing Something About the Weather

April 1, 1999 Paul Kovacs, executive director, Institute for Catastrophic Loss

In January, more than two hundred of the world’s leading scientists met in Geneva to discuss what we should do about our changing weather. This gathering is part of an even larger working group that has been making steady research

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Banks will be hard to regulate, says Cooke

April 1, 1999 by Canadian Underwriter

Property & casualty insurance is a pure risk product that must be kept separate from the financial, wealth management and investment-based services provided by life insurers and banks, George Cooke, president of Dominion of Canada General Insurance Company, told a