Risk

Marsh & McLennan profits drop

Marsh & McLennan Companies Inc. earnings have recently been lowered in its insurance services and investment management divisions. In addition, the Company’s restructuring charges have reduced the second-quarter profit to 57%.In the April to June period, the Company’s net income totaled $166 million, $0.31/share and this represents a fall from $389 million, $0.73/share, at the […]

By Canadian Underwriter | August 3, 2005

2 min read

Canadian Underwriter Web Poll: July Results

An overwhelming 77.78% of individuals associated to Canada’s insurance industry believe that insurers should not feel obliged to volunteer coverage for damages incurred to property as a result of catastrophic flooding. The Canadian Underwriter Web Poll for July 2005 asked “Should the onus be on insurers to volunteer monetary aid when catastrophic flooding occurs regardless […]

By Canadian Underwriter | August 3, 2005

1 min read

Uncovering the ERM Enigma

The continuing flux posed by a stubborn soft market presents a puzzle that by now, risk managers have "solved" by predicting appropriate purchasing practices. But, playing with puzzles is put to the test as risk managers pick up the pieces of an industry fragmented by scandal. The picture perfect result is Enterprise Risk Management, a tool for the times.

July 31, 2005

9 min read

The Language of Learning

Risk managers are embarking upon a new, evolved level of operation - one which necessitates insight, advice and answers from the various perspectives and visions of broker and insurer alike. In order to succeed in this new area of strategic, corporate risks, communication and a broadened scope of the corporate insurance world at large are key. "Perspective 2005" is designed to embrace the newfound approaches to risk management such as enterprise risk management, while maintaining an equilibrium by dealing with issues at hand and visiting tried and true issues such as claims and crisis control.

July 31, 2005

7 min read