Risk
The cycle debate is a well-weathered road that deserves a revved up peddle down memory lane. In the November 2004 issue of CU, contributions to the cover story "Reinsurance Strategies 2005: Stability?" discussed conclusions surrounding the infamous "industry price cycle" as challenged by worldwide developments of the day. Today the issues are different and the reinsurance market has different repercussions to face in regards to the ever-changing price cycle - a cycle that may currently be showing it's "good side."
June 30, 2005
5 min read
Income trusts have recently experienced explosive growth as corporations seek to achieve stable cash flow and generate strong balance sheets. The key to successful trusts is in developing total comprehension of the risk profile these relatively new business structures present.
Trust - a regularly mentioned, rarely explained and integral component of excellent sales and service strategies. Trust-based client relationships have a character all their own and brokers can develop this effective alliance by adopting a new approach to selling.
Even though this country faces serious catastrophic exposures, Canadians generally take a laissez-faire view of the threat of natural or man-made disasters. Yes, we had a major ice storm in Quebec and Ontario, but that was a meteorological fluke. Nuclear incidents? Well, maybe in Russia. Massive earthquakes? Sure – in Asia. Terrorist acts? That’s for […]
3 min read
Despite record catastrophe losses, European reinsurers recently registered recorded improved profitability for 2004, according to the latest European Reinsurance Quarterly Report from Benfield. Results from six major European reinsurers exhibit earning results from non-catastrophe business held up so that overall losses were moderate, according to Benfield’s Industry Analysis and Research team spokesman Lewis Phillips. “The […]
2 min read
A modest rise in inflation and firm economic growth will bolster the Federal Reserves interest rates resulting in a rise in federal funds, according to information from Swiss Reinsurance economists. Specifically, if the economy does remain strong and inflation continues on its rise, the yield on the 10-year Treasury note is projected to rise to […]
Close to 240 clients and senior staff of Swiss Re Canada gathered for the company’s 20th Annual Monte Carlo Gala for Charity, enjoying an evening of dinner, entertainment, games of chance and prizes. The recipient of this year’s receipts was Street Haven at the Crossroads. Brian Gray, president of Swiss Re Canada, presented Street Haven’s […]
6 min read
Canadian security is set to skyrocket with the inception of a new North American plan intended to improve the response to internal and external threats while bolstering free flow of trade between Canada, U.S. and Mexico, according to Deputy Prime Minister Anne McLellan. In a recent press conference in Ottawa McLellan says the strategy, offering […]
Following the recent terrorist bombing attacks in London – a coordinated attack where at least four bombs exploded in the city’s transportation system resulting in more than 40 casualties and hundreds of serious injuries – the U.S. Department of Homeland Security raised the terrorism threat level for mass transit to code orange–high–from the previous yellow–elevated–level. […]
Bad weather driving conditions result in a 70% increased risk of injury-related auto collisions between urban Canadian drivers, according to a report recently released by the Institute for Catastrophic Loss Reduction (ICLR).Presented by Jean Andrey, associate dean of geography at the University of Waterloo, the report “Toward a National Assessment of the Travel Risks Associated […]
By Canadian Underwriter | June 30, 2005
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