Survival Strategies

‘Survival Strategies — A Bridge Over Troubled Waters: Local, National and Global Perspectives,’ formed the platform for the CIP Society’s 2009 Symposium. Participants took in interactive group discussions and seminars, as well as key note speeches from the likes of Warren Jestin, senior vice-president and chief economist, Scotiabank Canada; Glenn Gibson, global chief strategy officer […]

May 31, 2009 | Last updated on October 1, 2024
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‘Survival Strategies — A Bridge Over Troubled Waters: Local, National and Global Perspectives,’ formed the platform for the CIP Society’s 2009 Symposium. Participants took in interactive group discussions and seminars, as well as key note speeches from the likes of Warren Jestin, senior vice-president and chief economist, Scotiabank Canada; Glenn Gibson, global chief strategy officer of Crawford & Company, Inc.; and Dr. Lloyd Atkinson, a global economic specialist and best-selling author. •

Why Calgary’s hailstorm could send more Alberta auto insurers to the exits

Claims

Why Calgary’s hailstorm could send more Alberta auto insurers to the exits

Calgary’s record-setting hailstorm in August may send more of the province’s auto insurers heading for the exits, Insurance Bureau of Canada warned Thursday. “The Calgary hailstorm will add $900 million in unexpected claims cost pressures at a time when Alberta’s auto insurance system is in crisis due to the province’s rate cap,” Aaron Sutherland, IBC’s […]

By David Gambrill | September 19, 2024

3 min read

Will reinsurance capacity be stable in Canada after record-breaking NatCat losses?

Claims

Will reinsurance capacity be stable in Canada after record-breaking NatCat losses?

Though 2024’s reinsurance renewal season started off stable compared to 2023, this summer’s record-breaking insured losses from four major Nat Cats will undoubtedly see growth in Canadian carriers’ reinsurance demand. But reinsurance supply may not grow commensurately, experts tell Canadian Underwriter. Beyond Canada, global insured Cat losses could be the factor that makes or breaks […]

By Alyssa DiSabatino | September 23, 2024

2 min read

Why insurers won their dispute over a $50-million excess policy

Claims

Why insurers won their dispute over a $50-million excess policy

An insured is not entitled to coverage on a “claims made and reported” excess liability policy when it failed to report the claim to the excess insurer within the policy period, Ontario’s Appeal Court has confirmed. The insured, a law firm, argued it was entitled to professional liability coverage despite “imperfect compliance” with the claim […]

By David Gambrill | September 18, 2024

4 min read