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All Articles
Unity Life of Canada renamed Foresters Life Insurance Company
“Operating as Foresters Life Insurance Company, we will now be recognized in the marketplace as part of the overall Foresters family of companies and the excellence Foresters stands for, both in terms of our products and our commitment to the well-being of Canadian families and communities,” said President and CEO Anthony Poole
Canadian gets 18 years for major credit card scam in United States
“Characterizing this fraud scheme as massive, if anything, is an understatement,” Assistant U.S. Attorney Nick Chase from North Dakota said in court documents
Digital Banking to be the main way customers interact with banks by 2015: Report
Digital banking is set to overtake branch networks as the main way customers interact with their bank by 2015.
Speed Kills, or Does it?
Speed alone doesn’t kill, but combine it with poor driving skills or a bad decision and it definitely makes a bad situation worse
ICBC chair Nancy McKinstry resigns
McKinstry, an Order of Canada recipient in 2005, took the position of ICBC chair in May 2010
Michel M. Liès named as new Group CEO of Swiss Re
Moses Ojeisekhoba appointed as new CEO Reinsurance Asia and Regional President
Canadian satellites facing increased threats from space debris
Right now, there are approximately 20,000 objects going around the Earth at different altitudes,” says Michel Doyon, manager of flight operations at the Canadian Space Agency
Intact Insurance’s Senior Vice President in Western Canada to retire
Derek Iles, Senior Vice President, Intact Insurance retiring on February 1, to be replaced by Jennie Moushos
Fairfax purchases 25 percent stake in Thai reinsurer
As part of the USD $70 million purchase, Fairfax will have the right to nominate two members to the Board of Directors of Thai Re and will also assist Thai Re with its investment portfolio
The Co-operators’ Kathy Bardswick on priorities for 2012
“We have to focus on our core underwriting results. If your core underwriting is not performing the way it needs to be, then the rest of it is moot,” says The Co-operators President and CEO Kathy Bardswick.
230 AD
230AD: Domitius Ulpianus, (Died 228AD) a Roman citizen, created tables used to fairly accurately predict the length of a human life –it was used for almost 2,000 years. Domitius used these in his work as an annuity dealer, selling financial instruments called “annua,” meaning annual stipends. For a lump sum payment, an investor could receive annual stipends for life.
Maritime disasters throughout history
The capsizing of the Costa Concordia on January 13, 2012 has been the focus of many this week. At least 11 of the 4,200 passengers have been confirmed dead and loss estimates are hovering around between $500 million and $1 billion. The wreckage of this ship off the coast of Italy is the newest in [...]
Three areas of concern for the global insurance industry in 2012
The Geneva Association says financial stability, governmental management of natural catastrophe risk and demographics and old age society are three areas of interest for the global insurance industry this year
Caring for and insuring a wine collection
The average value of a bottle in a wine cellar is often $100 or more; individual bottles can easily reach $700 to $1,000 for top wines
More young Canadians holding RRSPs
Number of 18 to 34 year-olds with RRSPs rises from 39% last year to 43% this year, says RBC RRSP poll
Reimbursements for what? Unusual expense report submissions
Cosmetic surgery, golf clubs and cigarettes appear on CFOs’ list of strangest expense report submissions
Take our Ontario Auto Quiz
How much do you know about the Ontario auto insurance reforms? A new course from ILScorp is available to guide you through the coverage, common client concerns & questions, errors and omissions avoidance, options, & important considerations in giving advice about private automobile coverage in Ontario. (Course worth 6 CE Credits.) Click here for more information. [...]
What’s more dangerous, sunburns or frostbite?
What’s more dangerous, sunburns or frostbite?
Risk spread between several insurance firms; too early to say if passengers are avoiding trips
The capsizing of the Concordia in the waters off Italy comes at the start of a three-month period that is the busiest time of year for bookings, known in the industry as wave season
