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hurricanes

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Aon Benfield’s Tropical Storm Risk, Colorado State University issue forecast for 2017 Atlantic Hurricane Season

April 11, 2017 by Canadian Underwriter

Aon Benfield’s Tropical Storm Risk (TSR) and a research scientist at the Colorado State University (CSU) have both predicted 11 named storms, four hurricanes and two major (Category 3+) hurricanes between the months of June and November. TSR, part of

News AssociationsCatastrophesClimate ChangeInsurance

Openness to making homes, businesses resilient to severe weather encouraging: OMIA’s John Taylor

March 31, 2017 by Angela Stelmakowich

There are encouraging signs from government, municipalities and builders that resiliency needs to become part of building code conversations given that severe weather shows no signs of abating, suggested John Taylor, president and CEO of the Ontario Mutual Insurance Association

News CatastrophesClimate ChangeCommercial LinesInsuranceMarkets / CoveragesReinsurance

Risk to U.S. property from severe convective storms as high as from hurricanes: Willis Re

March 20, 2017 by Canadian Underwriter

Severe convective storms (SCS) posed as much risk to property in the United States as hurricanes between 2003 and 2015, with the average annual loss from SCS amounting to US$11.23 billion compared to US$11.28 billion from hurricanes. So concludes a

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Mixed North American commercial insurance market still favours buyers: Willis Towers Watson report

October 26, 2016 by Canadian Underwriter

The marketplace for property, casualty and other lines of commercial insurance will continue to favour insurance buyers in 2017, particularly those with comprehensive strategic risk management and risk transfer strategies, global advisory, broking and solutions company Willis Towers Watson (WTW)

News CatastrophesClimate ChangeInsuranceMarkets / Coverages

Canada ‘missed the boat’ on economic policies to mitigate climate change: doctor

August 22, 2016 The Canadian Press

VANCOUVER – A leading expert on climate change says Canada “has missed the boat” when it comes to developing renewable energy resources that would mitigate the impact of global warming and its impact on human health. Dr. James Orbinski, who

News CatastrophesCommercial LinesInsuranceMarkets / CoveragesPersonal Lines

Worldwide mid-sized firms may fall short on insurance, risk management: Assurex Global survey

July 18, 2016 by Canadian Underwriter

Many mid-sized firms may lack adequate insurance, continuity planning, risk management and civil infrastructure support to prepare for and recover from large-scale natural disasters, suggests a new report from Assurex Global, a privately-held commercial insurance, risk management and employee benefits

News CatastrophesClimate ChangeCommercial LinesInsurancePersonal Lines

Aon Benfield’s Tropical Storm Risk forecasts 17 named storms between June and November

May 30, 2016 by Canadian Underwriter

Tropical Storm Risk (TSR), which is part of Aon Benfield Research’s academic and industry collaboration, is forecasting 17 named storms, nine hurricanes and four major (Category 3+) hurricanes between the months of June and November. TSR  issued its May forecast

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The Weather Company predicts 14 named storms for the 2016 tropical season

April 30, 2016 by Canadian Underwriter

The Weather Company, an IBM Business, has issued their first tropical forecast for the 2016 season, which includes a total of 14 named storms. Of those named storms, eight will be hurricanes and three will be major hurricanes, The Weather

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ICLR to host webinars on wildfires and hurricanes in May

April 13, 2016 by Canadian Underwriter

The Institute for Catastrophic Loss Reduction (ICLR) will be hosting two Forecast 2016 webinars in May – one on wildfires and the other on hurricanes. The wildfire webinar will be held on May 4 at 11 a.m. EST. It will