Insurance & Risk, Analysis, Events and Careers
Risk
The Shumka Group has acquired the property and casualty insurance claims and risk management services from CGI Group Inc. The transaction will create the largest independent insurance services company in Canada, according to a Shumka Group release. Expected to close in early August, the transaction was for an undisclosed amount. CGI’s claims adjusting and risk […]
July 31, 2008
1 min read
Risk is the fuel that energizes Risk and Insurance Management Society (RIMS) vice president Joseph (Joe) Restoule. As vice president of RIMS, Restoule, who works at NOVA Chemicals Corporation in Calgary, is in all probability next in line to become RIMS president in January 2009. If he becomes president, he would not be the first […]
6 min read
Some risk managers are satisfied with taking advantage of the lower commercial rates offered in the current soft market cycle, but others insist more perks are available for the taking
9 min read
A recent cluster of very high catastrophic bodily injury awards in the Ontario courts have suggested the summit for future care costs is not fixed
8 min read
Risk management needs to change as Canadian healthcare models change to health practitioner-owned, multi-disciplinary clinics
7 min read
Policy drafters should beware of including unnamed insureds in their builders' risk policies
Upon hearing the phrase “threat of asteroid impact,” insurers and risk managers in Canada almost invariably recall the Hollywood movie image of Bruce Willis blasting into space to save the day. Often viewed as a far-fetched natural catastrophe, asteroids, meteorites and comets — or near-earth objects (NEOs), as they are known collectively — are commonly […]
13 min read
The world’s population will expand by 50% in the next 50 years, according to United Nations forecasts. This growth will be accompanied by a 500% rise in the use of energy and a 300% increase in the use of materials. Nanotechnology — the manufacture and manipulation of materials at the atomic and molecular levels — […]
Risk managers face a number of challenges when their companies enter the fledgling carbon credit market
4 min read
Is ERM a triumph of reputation over substance? Although discussion about ERM is all the rage at the moment, companies have been slow to leverage ERM's strategic approach to risk
5 min read
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