Risk
Workers compensation costs, safety and loss control programs, technology, the insurance marketplace and corporate human resources are among the top issues of concern facing risk managers in 1999, according to Liberty Mutual’s Risk Management: Ideas at Work survey released at RIMS. John Ryan, Liberty Mutual’s vice president of commercial marketing, says risk managers are utilizing […]
May 31, 1999
3 min read
Industry
While the potential restructuring of financial institutions on the national scene is holding the attention of Alberta brokers, there are plenty of initiatives on the homefront to keep them busy. New Insurance Brokers Association of Alberta (IBAA) president Stephen Evanson says his organization is concentrating efforts on assisting the provincial government in rewriting its Insurance […]
2 min read
This month federal Finance Minister Paul Martin will release his report outlining the proposed future of financial institutions in Canada. With brokers and insurers weary of banks being allowed to retail insurance out of their branches, the associations are standing by ready to release their responses to the public. Insurance Bureau of Canada vice president […]
1 min read
The new president of the Insurance Brokers Association of Manitoba (IBAM) Ron Vandenbosch says the battle against banks retailing insurance is the top concern expressed by his constituents at the recent IBAM annual general meeting in Winnipeg. Asked to list three top concerns of Manitoba brokers, he answers the bank threat, the need to further […]
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Arecent tornado that hit Oklahoma has become the worst insured catastrophe in the state’s history, according to preliminary information released by the Property Claim Services (PCS) unit of Insurance Services Office (ISO). The storm system caused $955 million in insured damage, exceeding the state’s previous worst, a June 1992 tornado totalling $150 million in damages. […]
Dallas, Texas was the site of the Risk & Insurance Management Society's recent 37th annual conference and exhibition where 4500 delegates met, networked, and examined a profession undergoing large-scale transformation.
6 min read
AIG recently held it’s first Canadian Product Fair in Toronto at the Roy Thompson Hall. Greg Flood (pictured), president of AIG’s mergers & acquisitions division, was one of several speakers addressing the 600 attendees. Flood points out that the surge in M&A deals over the past two years has opened up new product opportunities for […]
The City of Toronto’s new mandatory mediation program could result in quicker and more efficient resolutions of insurance lawsuits, lawyer Paul Iacano told a packed conference room at a seminar at the recently held Claims ’99 Ontario Insurance Adjusters Association conference. Iacano’s co-speaker, lawyer James Howie, disagreed, contending the jury is still out on the […]
March 31, 1999
4 min read
Exel Ltd. Mid Ocean Ltd. Employers Reinsurance Corp. IndustrialRisk Insurers Exel Ltd. Mid Ocean Ltd. ACE Ltd. Cat Ltd. Partner Re Ltd Winterthur Re Gerling Constitution Re As we peer into 1999, one clear fact emerges from our review of the finances of the reinsurance industry: this is a great buyer’s market with abundant capacity […]
7 min read
Despite plummeting international commodity values — which over the last decade have made mining equities less than the darlings of stock markets — the Canadian mining industry is expanding at a healthy clip. It is estimated that 100 new mines will have opened in Canada between 1997 and 2000, with Canadian mining companies spending more […]
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