Canadian Underwriter


News Insurance

What’s New: In Brief (January 30, 2007)

January 30, 2007 by Canadian Underwriter

Travelers Guarantee Company of Canada (“Travelers”) has designed a new policy to give improved protection to mineral exploration companies.“Travelers Mineral Exploration Policy helps junior mining companies and their executives deal with the multitude of exposures they face in their business,”

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Steel sector sees higher insurance rates, deductibles

December 1, 2006 by Canadian Underwriter

The current boom in steel demand has triggered steep rises in insurance rates and deductibles in this sector, according to a recent report by Benfield.“The dynamics underpinning this move could also prompt similar action on the mining sector,” the report

News InsuranceMergers and Aqcuisitions

What’s New: In brief (November 28, 2006)

November 28, 2006 by Canadian Underwriter

Integro (Canada) Ltd. has appointed Brian Cameron as principal and executive broker for the Toronto office. Cameron joins Integro from Marsh Canada, where he served as a senior vice president. He has 35 years of experience as a property and

News Insurance

Mutual insurance company, OIL Insurance, loses nine members

November 17, 2006 by Canadian Underwriter

Oil Insurance Limited (OIL), a mutual insurance company in the energy industry, has announced that nine of its more than 83 members have elected to withdraw from OIL and not renew their policies effective Jan. 1, 2007.None of the nine

News Insurance

What’s New: In Brief (July 06, 2006)

July 6, 2006 by Canadian Underwriter

Bateman Chapman, Canada has acquired Toronto-based MGI Loss Adjusters Inc. “MGI brings to Bateman Chapman a group of experienced loss adjusters specializing in the areas of commercial/industrial claims including major mining, course of construction, liability, energy and utility losses in

Feature

Cultivating the Golden Files

April 1, 2006 Axiom

Hey, what a show!” I was standing at the entrance of our city’s largest garden centre. Stretched out on all sides of me were thousands of tulips of every variety, in gently waving ranks, in every color of the rainbow.

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Guy Carpenter launches i-aXs platform

February 27, 2006 by Canadian Underwriter

Guy Carpenter & Company, Inc., a global risk and reinsurance specialist, has announced the development of a new online risk management platform, i-aXs, that is designed to reduce risk management analysis and reporting times from weeks to mere minutes.The new

Feature

Benfield opens Canadian office

February 1, 2006 by Canadian Underwriter

Benfield Corporate Risk, a corporate insurance and risk intermediary, has recently opened a Canadian office in Calgary. Incorporated Jan. 19, Benfield Corporate Risk’s Canadian operations will be managed by Richard Cutfield. Cutfield has more than 25 years of experience in

News Insurance

Benfield Corporate Risk opens Calgary office

January 19, 2006 by Canadian Underwriter

Benfield Corporate Risk, the corporate insurance and risk intermediary catering for the complex risk management and transfer needs of the corporate sector worldwide, has announced the opening of a Canadian office in Calgary. Incorporated Jan. 19, Benfield Corporate Risk’s Canadian

News Climate ChangeInsuranceMergers and Aqcuisitions

Wawanesa buys mobile inspection technology from ISI

January 5, 2006 by Canadian Underwriter

Insurance Systems Inc. (ISI), a provider of web-based solutions to the global property and casualty insurance industry, today announced the sale of WebWriter Inspection to The Wawanesa Mutual Insurance Company headquartered in Winnipeg, Manitoba.“Wawanesa is one of Canada’s leading insurers,”

Feature

Learning the Hard Way

January 1, 2006 Axiom

Well Dave, it doesn’t look as we’ll be getting to the West Coast tonight after all.” My boss Fred Wilson and I were walking towards the airport lounge. We had been sitting together on a plane when, halfway to our

News Insurance

Strategy raises $700 million in capital

December 15, 2005 by Canadian Underwriter

Strategy International Insurance Group, Inc. (OTCBB: SGYI) (“Strategy”) has announced that its subsidiary, Strategy Holding Company Limited, has finalized the transaction for the sale of $700 million of preferred stock of Strategy Holding Company to Grupo Lakas S.A., a Panamanian