Risk

Decorative pattern

Tough Sledding

Plowed under by the recent hard market, snowmobilers and their provincial associations have slammed into insurance affordability and availability issues. Snowmobile associations say solutions must go beyond insurance to address risk management and legal liability protection for trail volunteers.

November 30, 2005

9 min read

Integro’s BIG BANG

The recent launch within the past six months of Integro is a little like witnessing the Big Bang Theory of the insurance industry during the new millennium. Integro, a global commercial brokerage that focuses exclusively on complex institutional risks, is a new kid on the block in Canada. Integro president and chief operating officer Peter […]

November 30, 2005

8 min read

A Lawyer’s Letter to Santa

Mr. Santa Claus 1 Reindeer Way North Pole H0H 0H0 Dear Santa: As year-end approaches, we are writing to provide you with a brief summary of some of the legal issues that arose on the Risk Management side (pertaining to your North Pole operations in 2005). As you are aware, our largest single challenge this […]

November 30, 2005

7 min read

Insuring with the elephant

International risks to Canadian insurer solvency

November 30, 2005

8 min read

Expanding Opportunities, Managing Risk

Globalization has been around for some time. When you think about Marco Polo going East to open trade routes with the Asian kingdoms in the 13th Century or the Europeans sailing West to the Americas since the 15th Century, they were “globalizing” their economies. Today, globalization’s trade winds are blowing strong once again, and the […]

November 30, 2005

7 min read

Decorative pattern

Kingsway enters agreement with The Robert Plan (December 01, 2005)

Kingsway Financial Services Inc. (TSX:KFS) has entered into a program management agreement with The Robert Plan Corporation (‘RPC’) to provide additional underwriting capacity to assume the policies serviced by RPC. The agreement is effective for new and renewal business on and after January 1, 2006. “This transaction is consistent with our strategy of growing our […]

November 30, 2005

1 min read

Decorative pattern

Aon sells Swett & Crawford (December 01, 2005)

Aon Corporation (NYSE: AOC) has sold its U.S.-based wholesale broking operation, Swett & Crawford, to an investor group including Hicks, Muse, Tate & Furst Inc. and Banc of America Capital Investors. Terms of the sale were not disclosed. News of the sale comes just days after Aon Corporation announced it was seeking a new owner […]

November 30, 2005

1 min read

Decorative pattern

Atlantic Canada requires aid in risk management initiatives

The Atlantic Task Force on Insurance Availability and Affordability recently released its final November 2005 report, which recommended that risk management strategies should be made available to small businesses and volunteer-based operations in Atlantic Canada as this will help improve the availability and affordability of insurance in the area. The Insurance Bureau of Canada (IBC) […]

November 30, 2005

2 min read

Decorative pattern

Re-introducing mold insurance may aid real estate industry (December 01, 2005)

A recent poll meant to assess mold’s financial impact on the real estate market indicates that 60% of builders and real estate lenders are hearing that fear of mold problems existing on a property is the reason individuals are backing out of real estate transactions. The poll, conducted by consulting firm Environmental Assurance Group (EAG), […]

November 30, 2005

2 min read

Decorative pattern

AXA Canada acquires The Citadel for $310 million

Winterthur Group is selling Winterthur Canada Financial Corporation and its wholly owned subsidiary, The Citadel General Assurance Company, to AXA Canada Inc. a wholly-owned subsidiary of AXA S.A. – for approximately Cdn$310 million.The sale of its Toronto-based operations completes Winterthur’s withdrawal from the Canadian market, following the previous sale of its Quebec subsidiary, L’Unique. Subject […]

By Canadian Underwriter | November 30, 2005

2 min read

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