Canadian Underwriter

Keyword
disaster


News AssociationsCatastrophesEarnings / RatingsInsuranceMarkets / CoveragesMergers and AqcuisitionsReinsurance

Great British Columbia ShakeOut attracts record number of registrants

October 20, 2016 by Canadian Underwriter

The Great British Columbia ShakeOut is clearly gaining more traction, with a record 800,000 British Columbians registering for today’s “Drop, Cover and Hold On” drill, joining almost 41.5 million others around the world. “This year, we saw the largest number

News CatastrophesInsuranceLegalMarkets / CoveragesMergers and AqcuisitionsReinsurance

Business interruption payouts should be based on historic results even in post-disaster economy: AEIC speaker

October 11, 2016 by Angela Stelmakowich

The Fort McMurray wildfire will likely raise questions about the basis for business interruption (BI) insurance payouts in a post-catastrophe economy, but historic results are the best indication of what otherwise would have occurred, Emily Stock argued during the 43rd

News CatastrophesClimate ChangeConstructionEarnings / RatingsInsuranceMergers and AqcuisitionsReinsurance

Change in exposure driving widening gap between insured, economic losses following disaster events

September 14, 2016 by Angela Stelmakowich

CALGARY – A dramatic loss scenario around disaster events is developing globally, contributing to a widening gap between insured and economic losses, Alex Kaplan, senior vice president of global partnerships for Swiss Re, suggested earlier this week during the RIMS

News CatastrophesClimate ChangeInsuranceProfessional DevelopmentReinsurance

Resilience should be a goal of all organizations

September 12, 2016 by Angela Stelmakowich

CALGARY — Darius Delon, chair of the RIMS Canada Council, had a very simple message for those attending the annual conference in Calgary Monday: every organization can be hit by disaster, so every organization needs to be resilient. Scenario brainstorming,

News CatastrophesClimate ChangeInsurance

Ottawa’s approach to disaster response, recovery does not address increasing frequency of extreme weather

July 25, 2016 by Canadian Underwriter

Uneven distribution of disaster events in Canada means the federal government should rethink its current approach to disaster response and recovery, including reinstating Ottawa’s share of disaster-related costs, suggest Canada’s Premiers, who Friday wrapped their 2016 Summer Meeting in Whitehorse.

News CatastrophesInsuranceMergers and Aqcuisitions

SGI Canada assigning more adjusters to deal with Saskatchewan flooding claims following heavy rainfall

July 12, 2016 by Canadian Underwriter

SGI Canada will be assigning additional adjusters to Estevan, Saskatchewan – among the areas in the province hit by heavy rainfall that prompted localized flash flooding – to handle what is anticipated to be higher-than-normal claim volumes, the insurer reported

News CatastrophesClimate Change

No interruption in disaster financial assistance for B.C. flooding victims

July 8, 2016 by Canadian Underwriter

Those receiving payments for uninsurable disaster-related losses in the wake of the rain storm that washed across British Columbia’s Peace River Regional District in June, causing flooding, will not see any disruption should there be a postal strike. In collaboration

News CatastrophesConstructionInsurance

U.S. forum urges need for disaster-exposed communities to be more resilient: A.M. Best

June 27, 2016 by Canadian Underwriter

Industry players focused on resilience experts are facing a big, but unfortunately familiar, challenge: making people aware of the critical need to ensure they are prepared for natural disasters in the event they occur. That is, at least in part,

News CatastrophesInsuranceTechnology

Need exists to embrace all tools, including social media, to enhance emergency management and response

June 8, 2016 Angela Stelmakowich, Editor

Social media can serve as an important tool in a scattergun approach that helps the public to be better informed, further engaged and more prepared in the event of an emergency or disaster, suggests Melanie Irons, PhD, psychology lecturer with

News CatastrophesInsurance

Google offers look at fire damaged Fort McMurray neighbourhoods

May 14, 2016 The Canadian Press

Fort McMurray evacuees eager for a look at how their neighbourhoods fared during a recent forest fire have a new tool – Google. The California-based Internet giant is offering a bird’s-eye view of the city taken from satellite imagery on

News CatastrophesInsurance

Officials say it could take months to extinguish massive Alberta blaze

May 7, 2016 By John Cotter - THE CANADIAN PRESS

FORT MCMURRAY, Alta. – Fire officials are bracing themselves for a long, long fight against the blaze that forced the evacuation of Fort McMurray and has eaten up more than 1,500 square kilometres of northern Alberta forest. “Unless we have

News CatastrophesInsuranceMergers and Aqcuisitions

Record rainfall in Texas prompts extensive flash flooding

April 19, 2016 by Canadian Underwriter

Record rainfall prompted extensive flash flooding across parts of Texas on Monday, closing schools and city offices and overtopping levees, Impact Forecasting said in an Aon Cat Alert. Impact Forecasting, Aon Benfield’s catastrophe model development team, said in the alert