Risk

Mega issues with Megatrends

Will the insurance industry be ready to effectively respond to the rise of social media, big data and other megatrends? Results of a recent global survey from Towers Watson indicate that while new challenges are emerging, the insurance industry is lagging behind.

July 31, 2013

4 min read

Moves and Views

 1 RSA Canada announced in July that Julie Pingree [1] is the property and casualty insurer’s new vice president of commercial insurance. Pingree’s mandate will be to grow RSA’s small to medium commercial book profitably, while enhancing the company’s broker service model and evolving ePolicy, its electronic trading platform, notes a statement from RSA. Starting […]

July 31, 2013

5 min read

Big Deal

Travelers Companies, Inc.'s acquisition of The Dominion of Canada General Insurance Company in early June put an abrupt end to a relatively quiet period for insurance company mergers and acquisitions activity. Analysts say there is room for far more consolidation in the Canadian property and casualty insurance industry, although the pace will be uneven and the targets unpredictable. A growing concentration of larger players dominating the market will affect parties ranging from reinsurers to brokers.

June 30, 2013

12 min read

Consideration for All

A recent survey of Allianz experts around the globe shows that businesses take some risks very seriously, but widely underestimate others. Among the latter are the risks of power outages and cyber crime.

June 30, 2013

6 min read