Canadian Underwriter


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Financial MANAGEMENT LIABILITY

February 1, 1999 Shelley Boyes

Bugs, big deals, bad spills and a certain public official’s sexual high crimes and misdemeanors were all key factors driving the corporate insurance market throughout 1998. And the same scary financial exposures will likely be very much in the minds

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Canadian Perspective

January 1, 1999 by Canadian Underwriter

The 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

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CBUS targets $250 million premium outflow

January 1, 1999 by Canadian Underwriter

Toronto-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

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Claims management and the Environment

January 1, 1999 Cecil Jaipaul,

In the early days of environmental underwriting companies were often unaware of the full risk involved. For many companies the risks they took on and subsequent claims were not foreseen. For others, while the possibility of large claims may have

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Insurer concerns taxi for take off

January 1, 1999 Sean van Zyl, Editor

Consolidation and cost cutting became the corporate buzzwords of the 1980s and 1990s, with operators from insurance to retail-chains through to the aviation industry embracing downsizing and cheaper marketing and delivery systems. The aviation business emerged from this process, particularly

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SIZING UP IN: a TUG of WAR

January 1, 1999 Lowell Conn

A battle of brawn and wits has begun among service providers to the insurance industry in response to the rapid consolidation taking place at the primary company level.Faced with a changing landscape, service providers are looking for new opportunities and

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Paying the Dues of Diligence

January 1, 1999 Lowell Conn

KPMG’s 7th annual Insurance Issues Conference, held in November at Toronto’s Four Seasons Hotel, focused on the effectsof industry consolidation on medium and small-sized insurance players.

COOKE
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Bill 59 revised

January 1, 1999 by Canadian Underwriter

The legislative fine-tuning of Ontario’s auto insurance product under Bill 59, which carried through last month with the passing of Bill 90, was generally lauded by insurance, legal and medical professionals at a review seminar held by the Insurance Institute

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A fair shake?

January 1, 1999 Don Turner, an Adjusting Consultant

I 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.

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RIBO meeting stresses industry SELF-REGULATION

January 1, 1999 Sean van Zyl, Editor

The 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

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Coming Events (January 01, 1999)

January 1, 1999 by Canadian Underwriter

Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. Insurance Institute of Ontario:

MALCOLM
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ALERT Fraud 2000

January 1, 1999 by Canadian Underwriter

By Stephen Markson, a director of Forensic Systems Group and Craig Malcolm, managing partner of Forensic Accounting & Investigative Services Regardless of whether the new millennium starts on January 1, 2000 or 2001, its advent will provide abundant opportunities for