Premium Financing Risks
April 1, 2010 by Canadian UnderwriterPremium financing is a way for a brokerage to grow its business. But it’s important to make sure the brokerage is protected against six potential risks.
Holding the Bag
March 1, 2010 David GambrillRisk managers are looking to change a centuries-old legal principle that calls on ‘deep pocket’ defendants like municipalities — parties that may only be marginally responsible for injuries or damage to a victim — to foot the entire legal bill if other co-defendants can’t pay their share of damages to plaintiffs.
Quoting on Risk
February 1, 2010 Ugur Kadakal, CEO, Pagos Inc.New technology that converts spreadsheets into Web-based, real-time applications can aid a risk manager in checking quotes for accuracy.
Reintroducing HCAI
January 31, 2010 Allison BrandAfter a remediation period in 2008, HCAI is now ready for its re-launch; fully prepared to handle the large volume of users.
Reinsurance 2010 Outlook Revisited
December 1, 2009 by Canadian UnderwriterCorrection/Apology Canadian Underwriter incorrectly published material attributed to PartnerRe chief agent Francis Blumberg in the cover story of its November 2009 reinsurance edition. Blumberg’s correct submission (reproduced below) was submitted for publication in Canadian Underwriter’s 2009 November reinsurance edition. Due…
HST A Taxing Issue
November 30, 2009 byExperts suggest that if and when the HST is implemented in Ontario and British Columbia, the implications could be costly for the industry.
Suspended Animation
November 1, 2009 by Canadian UnderwriterCanadian Underwriter asked several reinsurance chief agents and CEOs to discuss what they believe to be the single most important issue facing the Canadian reinsurance industry going forward into 2010. The answers presented below (in alphabetical order) vary considerably, but…
No Compromise
August 1, 2009 Perry R. BrazeauHow risk managers can cope with the economic effects of a recession without compromising their risk management efforts.
Through the Looking Glass
August 1, 2009 Sheri MartinelloCollecting accurate and reliable claims data is a crucial part of establishing a good risk management program.
Royal Canadian Mint To File Claim Related To Unreconciled Gold
July 31, 2009 byThe Royal Canadian Mint intends to file a claim under its all risks insurance policy to offset approximately $15.3 million worth of unreconciled gold. The Mint commissioned Deloitte and Touche to conduct an audit to determine if the unreconciled difference…
Doing The Job Right:
July 31, 2009 byProfessional Liability Claims
Canadian Market (July 01, 2009)
July 1, 2009 by Canadian UnderwriterCANADIAN COMPANIES FALLING BEHIND IN IFRS CONVERSION PROCESS Despite the fast-approaching Jan. 1, 2011 deadline for the implementation of international financial reporting standards (IFRS), more than 12% of public companies and 20% of the private companies surveyed by PricewaterhouseCoopers have…