Reinsurance capital growth eases as M&A, active capital management accelerate: Willis Re
September 11, 2015 by Canadian UnderwriterThe latest Reinsurance Market Report from Willis Re shows that significant over-capacity and widespread pricing pressure has stabilized the growth in global capital from traditional and non-traditional sources dedicated to reinsurance in 2015 H1, which remains unchanged from the US$425…
Face Fact or Face Fiction?
July 31, 2015 Max Hufton, Associate, Race & Co. LLPHow to develop social media evidence in litigation to best effect.
Learning to Share
June 1, 2015 Craig Harris, Freelance WriterThe “sharing economy” of services like Uber and Airbnb represents a murky area for property and casualty insurance. Brokers, insurers and regulators in Canada have issued warnings about the gaps in coverage as the lines blur between personal and commercial usage of property and vehicles. The trench fighting about insurance deficiencies masks a bigger issue – the growing popularity of these unique shared economic services will require a new approach to risk and rate assessment.
Poised for Change
June 1, 2015 Christopher Gonzales, National Product Leader, Professional Liability, Burns & Wilcox CanadaProposed amendments to Canada’s Personal Information Protection and Electronic Documents Act, if passed, would vastly change the current privacy landscape. Beyond modernizing the way personal information is protected, Bill S-4 may impact how cyber insurance is underwritten. This new environment will demand a corresponding change in cyber insurance’s approach and coverage to remain in step.
Risky Real Estate
May 31, 2015 Joanna Kyriazis, member; and Laura Zizzo, member, Zizzo Allan DeMarco LLP|Joanna Kyriazis, member; and Laura Zizzo, member, Zizzo Allan DeMarco LLPNegligent disclosure of natural hazard risks can pose future liability.
D&O on Alert
May 1, 2015 Cameron Rose, Senior Vice President, Chubb Specialty InsuranceDirectors and officers at Canada’s publicly listed companies face personal liability as a result of unfolding trends related to securities, environmental and cyber issues. But a well-conceived mix of risk management processes and risk transfer tools can help protect both companies and their directors and officers.
Unending Journey
December 1, 2014 Angela Stelmakowich, EditorAnne Chalmers – recipient of the Donald M. Stuart Award – sees risk management as a journey, one that continuously evolves and transforms. Journeys – whether personal or professional – can take many different paths and begin in many different…
Risk Data to Risk Intelligence
October 1, 2014 Sean Van Zyl, Freelance WriterThe challenge of enterprise risk management programs for many organizations has always been how to quantify “value” and effectively harness data across the enterprise. Risk management consultants believe there is now a solution in emerging data mining and analytic modelling technology that effectively turns “data” into true risk intelligence.
Critical Condition
September 1, 2014 Neil MacLean, Partner and Joseph D. Antifaev, Articled Student, Guild Yule LLPIn most Canadian jurisdictions, people who drive motor vehicles as part of their employment duties have no statutory duty to tell their employers if they require an alcohol ignition interlock device as a condition of driving. However, there are several measures that commercial fleet policyholders can take to manage this risk.
The Complexity of an Abuse Claim
May 31, 2014 byIn a Newfoundland sexual abuse case, new evidence allows an insurer to void a policy due to misrepresentation
The Body’s ‘Black Box’
May 31, 2014 Matthew Pearn, associate lawyer, Foster & CompanyWearable technology can record vast amounts of data on a plaintiff’s lifestyle and activity – but must this data be disclosed?
Marketplace
May 1, 2014 by Canadian UnderwriterCANADIAN MARKET Quindell, U.K. firm to partner on car offering Insurance technology firm Quindell has partnered with RAC, an auto services and insurance firm in the United Kingdom, to create a new business to distribute Quindell’s telematics technology. Including a…