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2016 marks three consecutive years of record warmth for the globe: NOAA

January 19, 2017 by Canadian Underwriter

The year 2016 marked three consecutive years of record warmth for the globe, the National Oceanic and Atmospheric Administration (NOAA) reported on Wednesday. “With a boost from El Niño, 2016 began with a bang,” NOAA said in a press release.

Oil Refinery, Chemical & Petrochemical plant abstract at night.
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Canada’s energy, utilities sectors should beef up climate change competency: report

January 13, 2017 by Canadian Underwriter

Companies in Canada’s most carbon-intensive sectors are not demonstrating “climate competency” in the boardroom and should be doing so to address climate change issues, suggests a report this week by Shareholder Association for Research & Education (SHARE). “Investors are increasingly

Driving on an empty road towards the setting sun and sunbeams to upcoming new 2017 year and leaving 2016 behind. Concept for success and passing time.
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Strategic planning of Canada’s p&c industry must extend to five, 10 years: Cook

January 11, 2017 by Angela Stelmakowich

Canada’s property and casualty insurance industry must look farther ahead in its strategic planning than it may be used to ensure it fully grasps developing conditions and can address related changes, Philip Cook, CEO of Omega Insurance Holdings Inc., suggested

News CatastrophesClimate ChangeInsuranceTechnology

Research on earthquakes, tsunamis and climate change to benefit from federal investment of $46.6 million to Ocean Networks Canada

January 10, 2017 by Canadian Underwriter

The federal government has provided a five-year $46.6 million investment to the University of Victoria’s (UVic) Ocean Networks Canada (ONC) to support its continued research and development. ONC pioneers ocean observatories that stream live data 24/7 to researchers across Canada

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Severe weather, nat-cats cause record insurable damage in Canada: IBC/CatIQ

January 6, 2017 by Canadian Underwriter

Severe weather last year exacted a heavy toll in terms of insured losses, with the $4.9 billion hit dwarfing the previous annual record of $3.2 billion in 2013, Insurance Bureau of Canada (IBC) reports. Flooding in southern Alberta and the

bush fire destroy tropical forest
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2016 costliest 12 months for natural catastrophes in the last four years: Munich Re

January 4, 2017 by Canadian Underwriter

The US$175 billion in natural catastrophes losses in 2016 – the lion’s share of which were uninsured – dwarfed those in the previous year and were just shy of 2012’s US$180 billion total, Munich Re reports. The research released Wednesday

Alta Climate Trump 20161114
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Alberta minister says province ‘still standing’ on Day 2 of carbon tax

January 3, 2017 Rob Drinkwater - THE CANADIAN PRESS

EDMONTON – Alberta Environment Minister Shannon Phillips said the province was “still standing” a day after its carbon tax took effect, and Albertans who opposed the levy could start seeing rebate cheques within days. But Opposition Wildrose critic Don MacIntyre

The Storm to come
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Global warming’s fingerprints seen in 24 weird weather cases

December 16, 2016 Seth Borenstein - THE ASSOCIATED PRESS

WASHINGTON – A new scientific report finds man-made climate change played some role in two dozen extreme weather events last year but not in a few other weird weather instances around the world. An annual report released Thursday by the

Prime Minister Justin Trudeau meets with US Vice-President Joe Biden on Parliament Hill in Ottawa on Friday, December 9, 2016. The vice-president is scheduled to sit down later today with Canada's premiers and territorial and aboriginal leaders, who are gathered in Ottawa for a day-long first ministers meeting to talk about climate change and health care. THE CANADIAN PRESS/ Patrick Doyle
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PM hails national climate change deal, but without Saskatchewan, Manitoba

December 11, 2016 Bruce Cheadle - THE CANADIAN PRESS

OTTAWA – Prime Minister Justin Trudeau declared victory Friday in his campaign to craft a national “framework” agreement on climate change – even though Saskatchewan and Manitoba refused to sign on to the deal and British Columbia claimed a major

Shelf Cloud Over Country Road
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Actuaries Climate Index launched to measure changes in extreme weather events and sea level in Canada, continental U.S.

November 30, 2016 by Canadian Underwriter

Organizations representing the actuarial profession in Canada and the United States have launched the Actuaries Climate Index (ACI), a quarterly measure of changes in extreme weather events and sea levels. The ACI, available online at ActuariesClimateIndex.org, is an educational tool

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Government of Canada launches new public awareness campaign on flood risks

November 23, 2016 by Canadian Underwriter

Canada’s Minister of Public Safety and Emergency Preparedness, Ralph Goodale, has announced a new public awareness campaign called Flood Ready, aimed at increasing Canadians’ knowledge of flood risks. Goodale announced the campaign on Monday in a video message to participants

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Liberals set plan to phase out coal by 2030, with flexibility for Nova Scotia

November 21, 2016 The Canadian Press

OTTAWA – The Liberal government is moving to phase out the use of coal-fired electricity in Canada by 2030 as part of its overall clean-energy strategy. The goal is to make sure 90 per cent of Canada’s electricity comes from