Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
For the vast majority of the existence of Canada’s property and casualty insurance industry, overland flood was deemed to be uninsurable for Canadian homeowners. While commercial entities have been able to purchase flood insurance for decades, it was only eight…
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Large storms like the kind we saw in 2022 can present unique challenges to Canadian insurers Preliminary numbers for 2022 Canadian insured disaster losses are in (or out), and they’re not pretty. According to Catastrophe Indices and Quantification Inc.…
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As one of the most purchased types of insurance, many auto insurance holders do not realize that the premium they pay is not a permanently set price. Insurance companies factor in a number of variables when deciding the price of a policy. Over time, these factors can change for an individual driver which can affect […]
The post Reassess Your Auto Insurance Policy appeared first on Ehsan Rasul.
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You might have noticed an increase in your car insurance rates in Alberta over the last few years. Unfortunately, the repair of vehicles is more expensive than ever and there are still a large number of crashes, especially in Calgary and Edmonton. So what can be done to lower your car insurance rates in Alberta? […]
The post Car Insurance Rates in Alberta appeared first on Ehsan Rasul.
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Edmonton definitely lives up to its nickname, “Gateway to the North.” Being the fifth largest city in Canada and the home of almost 1 million people, Edmonton is flourishing. Together with its infrastructure growth and population, there is an increase in vehicles on Edmonton’s roads. All these drivers need to get around, and there’s no […]
The post Car insurance prices in Edmonton appeared first on Ehsan Rasul.
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There is no doubt that cheaper auto insurance in Calgary can be got in a number of ways. While a little bit of effort and time needs to be taken out of your day in order to achieve it, you should be able to come away with some more affordable quotes to choose from when […]
The post Cheaper Auto Insurance in Calgary appeared first on Ehsan Rasul.
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In Calgary, driving isn’t always easy. Drivers must face weather that can change quickly, and heavy traffic during rush hours. Regardless, you’ll always require car insurance, whether you are a daily commuter, weekend adventurer, or occasional driver. Average Car Insurance Costs in Calgary and Alberta Although Alberta has a private insurance market, the insurance rates […]
The post Cheap Car Insurance in Calgary appeared first on Ehsan Rasul.
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The main purpose of insurance is to aid in personal, corporate and societal recovery by providing indemnification for losses that might otherwise cause financial failure. However, insurance has several secondary functions, including acting as a mechanism to incentivize good risk…
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From time to time, the global re/insurance industry experiences a loss or series of losses that forces market participants to re-evaluate what they thought they knew about a given hazard. Three examples of such shock losses are Hurricane Andrew (1992),…
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Right from the get go, it is instilled in us that fire has very few redeeming qualities if any at all. Essentially nothing good ever comes from fire, or so we’re told. It’s an evil force that must be quelled,…
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Stephen Dishart served as Managing Director of Corporate Communication and HR for Swiss Re’s Americas Division at the time of the terrorist attack of Sept. 11, 2001. He led the strategic communication team that worked very closely with senior management…
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To the lay person, it only stands to reason that a business interruption policy would respond to what for many enterprises isn’t merely an interruption in their business, it is quite possibly a death knell. This is certainly the sentiment…
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P & C industry professionals, commercial insurance brokers and underwriters all love stats. After all, our entire industry is based on analyzing data and understanding trends. So, before we get started, let me start off with some statistics about the…
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In this piece, industry veteran Phil Cook makes a number of good points about the current state of the p&c market in Canada. Cook makes the distinction between a hard market and a difficult market, sharing that he is not…
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