Risk

Exceptional Underwriting

Using the right technology, exception-based undewrwriting (EBU) can present a path for insurance companies to achieve operational excellence

September 30, 2006

6 min read

Risk

Brokers are protecting themselves from direct writers by reinforcing their commercial lines of business, ramping up competition in this area. To stay competitive, brokers need to decide what kind of tech solution they really need -- a CMS, a BMS, or both?

September 30, 2006

6 min read

Risk

Smoke Signals

IBC wants regulators to consider an approach that emphasizes the quick and efficient identification of high-risk "fire-setters" in the industry.

September 30, 2006

6 min read

Risk

The Art of Home Inspection

Insurers and brokers have increased their use of home inspectors: what happens to the data the inspectors send?

September 30, 2006

6 min read

Risk

Not with a Bang, but a Whimper

As we go to press with this issue, it is just past the one-year anniversary of Hurricane Katrina, a Category 3 hurricane with sustained winds of 200 km-h that unleashed the flood waters of Lake Pontchartrain in New Orleans and inflicted more than US$57 billion of damage in Florida, Louisiana, Mississippi and Alabama. Of course, […]

September 30, 2006

4 min read

Risk

A.M. Best grades Swiss Re ‘A+’ following merger with GE

A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating (ICR) of “aa” of Swiss Reinsurance Company (Swiss Re) (Switzerland) and its rated subsidiaries, following the company’s completed acquisition of GE Insurance Solutions. The ratings have been removed from under review, where they were placed on Nov.18 […]

September 30, 2006

1 min read

Risk

Willis Canada appoints new VP from Calgary

Willis Group Holdings (NYSE: WSH), the global insurance broker, has welcomed Calgary-based Cees van der Slikke as the new senior vice-president and natural resources practice leader for Willis Canada. Van der Slikke was previously a Canadian energy practice leader at Aon, where he served for 11 years. He is an insurance professional who served as […]

September 30, 2006

1 min read

Risk

Moves (October 01, 2006)

ENVIRONMENTAL SOLUTIONS Remediation Services (ESRS) has opened a new ESRS office in Montral, which will be managed by Ray Penta. A Montral native, Penta has more than 17 years of experience in environmental investigations and remediation projects. The Montral office will serve both U.S. and Canadian clients, as do the ESRS hub office locations in […]

September 30, 2006

4 min read

Risk

What’s New: In brief (September 29, 2006)

The board of directors of Transatlantic Reinsurance Co., a subsidiary of Transatlantic Holdings, Inc. (NYSE: TRH), recently elected new officers. The appointments in the New York office include: Timothy Butts, vice president; Richard Boivin, assistant vice president; Tonya Davies, assistant vice president, and Vincent Eng, secretary. In the Tokyo office, Yasunori Murase has been appointed […]

By Canadian Underwriter | September 29, 2006

1 min read

Risk

R&SA sells US operation, terminates Group SEC registration

Royal & Sun Alliance Insurance Group plc (R&SA) has sold its US operation to Arrowpoint Capital, a vehicle set up by the R&SA US management team. R&SA also recently terminated its American Depositary Receipt program, its voluntary delisting from the New York Stock Exchange and action to terminate its US Securities and Exchange Commission registration. […]

By Canadian Underwriter | September 28, 2006

3 min read

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