News

U.S. Brokers Confident, Policyholders Wary Over AIG’S Future

American International Group’s (AIG) liquidity crisis hasn’t shaken the faith of U.S. brokers, who expressed confidence in the company’s insurance operations in a …

This Too Shall Pass

The current financial crisis is not unprecedented and will hopefully result in important lessons being learned, according to a panel of experts.
 “This …

Demand For ‘Side A’ Policies Surges

The current mergers and acquisitions environment is making errors and omissions claims for officers and directors more complex. The ongoing subprime crisis and …

Kingsway Wraps Up Sale Of York

It’s a done deal: Kingsway Financial Services Inc. has closed its previously announced sale of York Fire & Casualty Insurance Company for C$95 …

Lawyer Gives Prognosis For Risk Management Diligence

Canadian risk managers do practice what they preach—to a point. An informal poll of risk managers at last week’s RIMS Canada conference revealed …

CFA’s Diermeier Defends CRAs In Winnipeg

Jeff Diermeier, president and CEO of CFA Institute, has risen to the defense of ratings firms that following the financial market …

Gore And Keal Unveil New Broker Technology

Gore Mutual and Keal Technology have introduced a new integration solution for brokers. A beta program has been launched for upload …

RIMS Session Touts Communication As Vital To ERM

During a concurrent session at the 33rd Annual Canada RIMS conference in Toronto, three leading experts hit home the importance of …

Ike’s Cost To Insurers Approaches $14 Billion

Insurers are collectively facing loses that could ring in as high as $14 billion as a result of damage by Hurricane Ike.
Swiss Reinsurance Co. announced …

Canadian Companies Eye AIG’s Mass Sale

Bailout loan recipient American International Group Inc. (AIG) is expected to begin selling its United States-based companies in order generate funds …

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