Canadian Underwriter

Mark Lefenfield, moderator of second panel

DARWINISM: a new philosophy driving consolidation

April 1, 2001 Sean van Zyl, Editor

Is big really better? Can companies operating in the new global order that would seem to be defining the rules of business governing the property and casualty insurance industry afford not to buy up or get out? These were pivotal issues debated by senior leaders of North American insurance companies at a “national leadership symposium” held in San Francisco and jointly sponsored by The Council of Insurance Agents and Brokers and investment banker Russell Miller Inc.


Asbestos and tobacco liabilities loom

March 1, 2001 by Canadian Underwriter

Asbestosis, tobacco and pollution related liability exposures were identified by panelists at the recently held Casualty Actuarial Society (CAS) annual meeting as being the top three risks facing U.S. insurers in coming years. Although asbestosis claims subsided in the early


Alternative Risk Transfer: CAPTIVES GAIN GROUND

September 1, 2000 Sean van Zyl, Editor

Growth in the formation of captives for self-insurance and the facilitation of alternative risk transfer (ART) transactions is expected to rise by 5% per annum through to the end of 2005, according to rating agency A.M. Best Company. Specifically, the


Broker networks position

November 1, 1999 by Canadian Underwriter

Broker consolidator Equisure Financial Network Inc. (TSE: EFN) has in partnership with the ING group launched a new general insurance company to be licensed across Canada. Ownership of the new insurer, Northbrooke General Insurance Company of Canada, will be equally


The Future of Financial Services Regulation

October 1, 1999 Michael Hlinka

Last June the federal government released its white paper on financial services regulation. While the gist of the paper was very much in favor of protecting the existing rights of members of the property and casualty insurance industry, contained within


The right adjuster FOR THE JOB

July 1, 1999 Lowell Conn

National harmonization of the licensing and regulation of the adjusting profession has become a hot topic for regulators and the insurance industry in Canada. Alberta’s recent Insurance Act rewrite included a step-licensing structure as well as a provision for mandatory