EN :

Briefly, the mission of the Quebec Securities Commission is to keep a watchful eye on the securities market and ensure it runs smoothly. We would like to thank the Commission's current President, Mr. Paul Guy, for having accepted our invitation to describe, in the following pages, the role and structure of the Commission, its relation with the persons under its surveillance, the services it offers and the current economic outlook.

EN :

In his article on the challenges of the property and casualty insurance industry, Mr. Claude Dussault exposes both the difficulties that lie ahead and the solutions. We are certain that the following text will prove most interesting.

FR :

Dans ce texte, le président de Sodarcan inc. présente une revue de l’exercice 1986. Il a fait l’objet du discours présidentiel à l’assemblée générale annuelle de la compagnie, qui a eu lieu le 21 mai 1987.

EN :

In the first part of his study, Mr. Duquette examines the liability of the broker in the exercise of his functions. Although, at times, Mr. Duquette may sound quite severe, the broker must understand that he has certain well-defined commitments which he must fulfill within a reasonable period of time. If he does not, he exposes himself to the risk of being sued. This aspect of the subject is very interesting since the author has based himself on specific precedents. As the author suggests, however, we must not hold the broker responsible for all that goes a miss without first ascertaining if he has fulfilled his duties. Mr. Duquette clearly exposes that it is essential that a broker fulfill his functions with care if he wishes to be defended in court and avoid serious liability problems.

EN :

The Life Insurance industry, in the last ten years, has been extremely profitable for the insurers based in part on high interest rates and inflation. Those days are over and the size of our industry and the extreme competition have made it almost impossible to keep such a pace. The financial institutions are realigning their planification to take advantage of the cross ownership that will be made possible between types of institutions in the near future at the Federal level. Banks, insurance companies, trust companies and brokerage firms will compete through mergers or acquisitions to take advantage of the new legislation. The future belongs to the institutions that already have taken advantage of the last year or two to prepare the next five or ten.

EN :

Although strictly oriented to academic journals, the following study by Mr. Outreville is also of interest to insurance theorists. In a period during which the industry is undergoing extensive change, this article will serve as a guide to pinpoint the reading habits of both the insurance theorist and the insurance practitioner.

FR :

Les services techniques de le Blanc Eldridge Parizeau, Inc. présentent trois études sur certains aspects de l’assurance générale. La première s’intitule Automobile insurance in Ontario; la seconde, Weather catastrophes in Canada et la troisième, Proposed changes to Canadian Federal insurance legislation. Nous avons pensé les communiquer au lecteur afin que celui-ci prenne connaissance d’un certain nombre des problèmes qui se posent actuellement dans le marché de l’assurance au Canada.

FR :

Ce n’est pas la chronique d’un linguiste, mais celle d’un usager pour qui compte ce qu’il croit être le bon usage, aussi bien dans la conversation et l’écriture que dans le jargon technique ou professionnel. Mais devrait-on distinguer entre la langue écrite et la langue parlée ? Je ne le crois pas. C’est l’emploi du mot juste qui compte.