Risk

Cyclical Business…

A press conference recently held by the Insurance Bureau of Canada (IBC) to disclose preliminary earnings figures for the Canadian property and casualty insurance industry, and presumably to achieve maximum “damage control” in anticipation of a negative media response to the above-average results, produced a mixed outcome. While the bureau’s approach to proactively handling an […]

February 28, 2005

5 min read

RAIN, RAIN, go away

Risk managers await clear skies

February 28, 2005

11 min read

PORT In the STORM

There is little smooth sailing for risk managers today. The rough tides brought on by the Spitzer investigations, coupled with a commercial insurance market in transition, are forcing risk professionals to navigate treacherous waters indeed. Into this fray, incoming Risk & Insurance Management Society (RIMS) president Ellen Vinck treads, ready to take the helm, charting strong fundamentals and a united industry voice as the true course to guide the professional safely to port.

February 28, 2005

6 min read

Voluntary Reaction?

Canada's non-profit sector has taken its insurance hits over the past three years from higher rates and reduced coverage. Its vulnerable position in the insurance cycle has caught the attention of regulators and politicians across the country. Insurers are now responding with a flurry of activity to solve the problem and control the damage.

February 28, 2005

9 min read