Risk
CANADIAN INSURERS SHOULD BE DISCLOSING CLIMATE CHANGE INITIATIVES Canadian insurers should make the effort to answer the same eight questions about climate change initiatives that the U.S. regulator requires insurance companies in its jurisdiction to answer annually, said Paul Kovacs, founder and executive director of the Institute for Catastrophic Loss Reduction. Kovacs spoke at the […]
October 31, 2009
2 min read
LOOK FOR CLIMATE CHANGE EXCLUSIONS TO APPEAR IN LIABILITY POLICIES IN THE NEAR FUTURE: ENVIRONMENTAL RISK ADVISOR Risks related to climate change are so expansive as to be uninsurable. It is therefore likely that climate change exclusions will be written into general commercial and excess liability insurance policies in the near future, predicts Rodney Taylor, […]
1 min read
Effective Jan. 1, 2010, foreign insurers writing in Canada marine risks will be subject to the federal oversight of the Office of the Superintendent of Financial Institutions (OSFI).
6 min read
Canadian Underwriter asked several reinsurance chief agents and CEOs to discuss what they believe to be the single most important issue facing the Canadian reinsurance industry going forward into 2010. The answers presented below (in alphabetical order) vary considerably, but at least one common denominator underlies several of the financial concerns. One theme is characterized […]
15 min read
Canada's property and casualty insurance industry is starting to show signs of disrepair. Discussions at the NICC offered a mechanic's diagnosis of the problems under the hood.
12 min read
Risk managers congregated in St. John's, Newfoundland to share ideas on how to navigate through the current financial market's choppy waters.
5 min read
Adjusters must educate themselves on an ongoing basis to deal with the burgeoning number of claims related to special risks.
The Ontario courts have re-vamped their Rules of Civil Procedure to help speed up claims resolution.
9 min read
1 Rong Chen has joined Allianz Global Corporate & Specialty as executive underwriter of property in Toronto. Chen has worked in the United Kingdom, Asia and Canada and holds extensive experience in property underwriting and risk management. Chen is a graduate of Norwegian School of Economics and Business Administration in Bergen, Norway. He also has […]
Aon Risk Services welcomed delegates to the RIMS Canada Conference with its Welcome Brunch. Later that evening, at the official Opening Reception, sponsored by Allianz Global Risks and Integro Insurance Brokers, guests mingled and listened to words of welcome from RIMS president Joe Restoule, conference co-chairs Betty Clarke and Marilyn Leonard and St. John’s mayor […]
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