Reinsurance: Extreme Makeover
July 1, 2007 David Wilmot, Past Senior Vice President“Fast-money” seeking big returns – money that ultimately lands outside the reinsurance industry – is undermining the long-term viability of the reinsurance market
Swiss Re promotes risk analysis in light of EU “polluter-pays” legislation
May 25, 2007 by Canadian UnderwriterNew, polluter-pay environmental legislation in the European Union is based on a new liability regime under public law and will create unprecedented loss complexes for which claims experience is not yet available, according to a recent report by Swiss Re.It…
Unusual Suspects
May 1, 2007 Deirdre L. Wade, Q.C,, and Talia C. Profit, Barry Spalding LawyersPending a Supreme Court decision on the matter, the courts are linking automobiles to injuries that are not currently covered by auto insurance policies
Experts stress need for climate change adaptation policies
April 11, 2007 by Canadian UnderwriterA panel of senior Canadian climate change experts, chaired by the Canadian Foundation for Climate and Atmospheric Sciencess Dr. Gordon McBean, called on the federal government to increase funding for research on the impact of global warming.We need to factor…
What’s New: In Brief (February 20, 2007)
February 20, 2007 by Canadian UnderwriterRob Seal has been appointed to the position of president and chief executive officer of Cunningham Lindsey Canada Limited (CLC). Seal has held many adjusting and management positions during his 20-year career with CLC, most recently as president of Canadian…
Bringing Liability to Market
December 1, 2006 Craig HarrisThe risks of product liability can be unexpected – particularly when something as benign as carrot juice or spinach can cause illness or death and require massive product recalls.
Beyond Exposure Modeling
November 1, 2006 Guru N. Rao, Vice President, Managing Director, Aon Re ServicesCatastrophe models are helpful, but they should be supplemented with a systematic, continuous and comprehensive approach to catastrophe risk management
AIG unit insured waste plant struck by fire
October 10, 2006 by Canadian UnderwriterA unit of American International Group Inc. issued The Environmental Quality Co. a pollution liability policy with a US$28 million aggregate limit along with other coverages to the operator of a hazardous material facility, which recently burned and forced thousands…
What’s New: In Brief (September 12, 2006)
September 12, 2006 by Canadian UnderwriterThe Precept Group, a full-service insurer based in Waterloo, Ontario, is donating money to help build Canada’s first solar park The Precept Group Inc. announced it will be donating money to The Sunpark Challenge to help buy the solar panels…
Energizing Insurance Underwriting
July 1, 2006 Steve Smith, Partner, Jones Brown Inc.Insurers can pursue a number of new opportunities in the emerging alternative energy market
Customizing Car Insurance
June 1, 2006 Craig HarrisShould auto insurance be personalized to reflect individual driving habits?
New D&O policy covers non-indemnifiable claims
April 20, 2006 by Canadian UnderwriterSt. Paul Travelers (NYSE:STA) is offering a new policy designed to give directors and officers of Canadian companies broader protection for claims made against their personal assets.St. Paul’s new Executive Choice Plus package provides coverage for “Side A” non-indemnifiable claims…