The Insurance Bureau of Canada has appointed Terri MacLean as senior vice-president and chief operating officer of the Insurance Crime Prevention Bureau. MacLean, an insurance lawyer, joins the ICPB after an extensive career including stops at Commercial Union, Wellington Insurance Company and ADP Systems Inc. Daniel J. Barry has been named director of government affairs […]
November 30, 1999
1 min read
Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. Toronto Insurance Women’s Association: Dinner Meeting. For more information, call Julia Benyak at 416-362-8586. Royal York Hotel, Toronto, ON. […]
November 30, 1999
1 min read
Dear Editor, I was so pleased to read that Jan Lowther had received the “Golden Torch” award recently in Colorado. Jan has been the “guiding light” for risk management communications in Canada for many years and her trustworthy and interested approach has fostered much of the response, so excellently and fairly reported in Canadian Underwriter. […]
October 31, 1999
1 min read
Heightened consumer expectations and the broader reach of technology are having a significant impact on the commercial market, says Andrew Duguid, director of development at Lloyd’s of London. Technology has broadened the choices in risk management, enabling for inhouse risk rating and application of financial “risk hedging tools” available through the capital and captive markets, […]
October 31, 1999
1 min read
The wave of mergers and acquisitions which has occurred between the corporate national property and casualty brokers across North America appears to have reached an end, leaving a landscape occupied by two distinct camps: small regional operators and the new breed of “mega global brokers”. Insurers and risk managers alike have kept a keen eye […]
October 31, 1999
6 min read
Canadian corporations are facing an increasingly litigious environment resembling that of the U.S., delegates were told at the Canadian Risk & Insurance Management Society conference held recently in St. John’s, Newfoundland. Dubbed “Risk on the Rock”, the conference’s speakers portrayed a risk management profession facing greater challenges and a wider scope of corporate responsibility. The […]
October 31, 1999
6 min read
The Insurance Bureau of Canada (IBC) recently completed a survey in conjunction with management consultants Deloitte & Touche to identify what internal risk control procedures property and casualty insurers have or should be applying in evaluating strategic, operational and capital exposures. The survey results show varied approaches by companies, although they all claim to have […]
October 31, 1999
5 min read
The focus for risk managers in the year ahead continues to be about education. But, according to Risk & Insurance Management Society (RIMS) president Susan Meltzer, the organization will focus on continuing education for professionals, not necessarily on designing new curriculum for new risk managers. Meltzer, assistant vice president of Sun Life Assurance Company of […]
October 31, 1999
2 min read
Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. The Canadian Institute: Litigating Disability Insurance Claims. For more information, call the Institute at 416-927-7936. The Canadian Institute, Toronto, […]
October 31, 1999
1 min read
Investment gains have kept Canadian property and casualty underwriting results afloat, but conservative leverage -- combined with signs of a market price hardening -- now look to provide some additional comfort to the market. However, a comparison of business strategies applied by companies in Canada and their counterparts south of the border suggests that the former will have to place greater emphasis on reducing operating expenses.
September 30, 1999
5 min read