Canadian Underwriter


News CatastrophesInsuranceMergers and Aqcuisitions

Earthquake kills 235 in Ecuador

April 17, 2016 Dolores Ochoa And Gonzalo Solano - THE ASSOCIATED PRESS

PEDERNALES, Ecuador – Rescuers pulled survivors from rubble Sunday after the strongest earthquake to hit Ecuador in decades flattened buildings and buckled highways along its Pacific coast. Officials said the quake had killed at least 235 people and injured 1,557

News CatastrophesInsuranceMergers and Aqcuisitions

Second earthquake in two days in Japan causes landslides

April 17, 2016 Mari Yamaguchi - THE ASSOCIATED PRESS

ASO, Japan – Thousands of rescue workers searched a debris-strewn village in southern Japan for about a half-dozen missing people Sunday, as the Japanese government said U.S. military aircraft would join the relief mission for communities devastated by two powerful

News CatastrophesInsurance

Earthquake in southern Japan causes buildings to collapse, kills at least 9

April 15, 2016 Emily Wang - THE ASSOCIATED PRESS

MASHIKI, Japan — At least nine people have been killed and more than 800 injured by a magnitude 6.5 earthquake that toppled houses and buckled roads in southern Japan. With daybreak, the extent of the damage became apparent: collapsed buildings, streets

News CatastrophesClimate ChangeInsuranceMarkets / CoveragesMergers and Aqcuisitions

Canada in better position than most to close protection gap, collaboration key: Scotti

April 6, 2016 by Angela Stelmakowich

“Canada is in a better position than many other countries to actually close its protection gap,” Veronica Scotti, president and CEO of Swiss Re Canada, said Wednesday during Swiss Re’s Canadian Insurance Outlook in downtown Toronto. “Sometimes it takes an

Feature CatastrophesClimate ChangeInsurance

Prepare for Anything

April 1, 2016 Greg Meckbach, Associate Editor and Jason Contant, Online Editor

Canadians are well-aware of events that can produce insured losses, including storms and cold weather. But the possible influence of other less-familiar perils, like earthquakes and cyber cats, should also be on the radar.

Feature CatastrophesInsurance

Who Pays for Recovery?

April 1, 2016 Clay Germain, President, Insurance Brokers Association of British Columbia

Canada can learn from the earthquake experience and loss elsewhere. Brokers in British Columbia are heartened by growing government support around prevention and recovery, but believe a shift from post-event disaster funding to securing funding sources before an event occurs will only help to further enhance resilience and reduce losses.

News CatastrophesInsurance

Majority of British Columbians oppose fracking, split on liquefied natural gas development: study

March 28, 2016 by Canadian Underwriter

Less than half of British Columbians are supportive of the provincial government’s push for liquefied natural gas (LNG), and only 23% support the process of hydraulic fracturing, according to a poll released on Thursday by Insights West. Results are based