Claims
A.M. Best Co. recently released a new podcast series focused on insurance technogy and the E-Fusion conference. The audio series, called the “E-Fusion Podcast,” covers technology developments, conference doletails and the E-Fusion awards. The first episode features an interview with Igor Best-Devereux, CEO of eReinsure, a working online risk-placement system. Each episode includes an interview […]
By Canadian Underwriter | July 11, 2006
2 min read
CIAA's incoming president, Miles Barber, is aiming for licensing consistency across Canada
June 30, 2006
6 min read
The 2006 hurricane season is expected to include 17 named storms forming in the Atlantic basin, but fewer major hurricanes will make landfall on coastal regions compared to last year, according to a Colorado State University (CSU) forecast. CSU says nine of the 17 storms predicted for the 2006 hurricane season will likely become hurricanes. […]
1 min read
AXA SA has signed a definitive agreement to cede the business of AXA Re to Paris Re Holdings Limited. The announcement follows the receipt of a binding offer on April 6, 2006, and after AXA SA consulted with the relevant workers’ councils. Paris Re Holdings is a newly created company with a capitalization of approximately […]
The notional value of weather risk management contracts increased nearly five-fold over the past year from US$9.7 billion in April 2005 to US$45.2 billion as of March 2006.The Weather Risk Management Association (WRMA), an international trade organization of the weather risk management industry, compiled the figures for its annual survey of the industry. “The explosive […]
By Canadian Underwriter | June 28, 2006
Crawford Adjusters Canada has appointed Bill Johnstone vice president, Greater Toronto Area (GTA) Region.The company described the promotion in a press release as “part of a larger realignment of Crawford’s operating divisions across Ontario.”Crawford has restructured its Ontario market into three regions: the Greater Toronto Area (GTA), Ontario South West and Ontario North East. Rod […]
The insurance industry posted solid profits in 2005 despite record losses, according to comments made by Swiss Re’s senior economist Thomas Holzheu during the company’s mid-year Economic and Insurance Industry teleconference.Regarding the property and casualty insurance business, Holzheu says that 2005 is characterized by record losses from hurricanes Katrina, Rita, and Wilma. However he says […]
By Canadian Underwriter | June 27, 2006
The US federal anti-terrorism task force has been put on the spot to research terrorism insurance concerns prior to issuing its terrorism insurance market report due for release later this year.Under the terms of the 2005 Terrorism Risk Insurance Extension Act (TRIEA), the report must be delivered to Congress by Sept. 30, 2006. Specific areas […]
Maggie Moody, 59, a long-time member of the Toronto Insurance Women’s Association (TIWA) and the Canadian Association of Insurance Women (CAIW), passed away suddenly on June 16.A long-time employee of Marsh Canada, Moody has served as president for both TIWA and CAIW.Moody was named Insurance Woman of the Year at a 1991 CAIW convention. At […]
Deirdre Martin, 52, senior counsel for the Insurance Bureau of Canada, passed away on June 21 following a battle with lung cancer. Martin acted as counsel to the IBC’s national claims committee, the standards and practices committee (which reviews and recommends revisions to IBC advisory policy wordings), the investigative services division, and the Institute for […]
By Canadian Underwriter | June 23, 2006
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
