Canadian Underwriter

Keyword
Natural Disasters


News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Total economic losses from nat, man-made disasters in 2016 at least US$158 billion: Swiss Re sigma estimate

December 15, 2016 by Canadian Underwriter

Total economic losses from natural and man-made disasters in 2016 were at least US$158 billion, 68% higher than the US$94 billion losses in 2015, according to preliminary Swiss Re sigma estimates released on Thursday. The US$158 billion estimate in total

News CatastrophesClimate ChangeInsuranceMarkets / Coverages

Global natural disasters cost US$520 billion in losses every year, poor disproportionately affected: study

November 15, 2016 by Canadian Underwriter

The impact of extreme natural disasters is equivalent to a global US$520 billion loss in annual consumption, forcing some 26 million people into poverty each year, a new report from the World Bank and the Global Facility for Disaster Reduction

News CatastrophesConstructionInsuranceMergers and Aqcuisitions

Hurricane Matthew causes up to US$15 billion impact to U.S. and Caribbean economies in October: Aon Benfield

November 9, 2016 by Canadian Underwriter

Hurricane Matthew, which swept through parts of the Caribbean and United States last month, is expected to cost up to US$15 billion to both economies, according to Aon Benfield’s latest Global Catastrophe Recap. Released on Wednesday, the report from Aon

News AssociationsCatastrophesClimate ChangeConstructionInsuranceLegislation / RegulationMergers and AqcuisitionsReinsurance

Barely passable grade on flood preparedness demands immediate action: report

October 31, 2016 by Canadian Underwriter

All 10 Canadian provinces and Yukon are not making the grade when it comes to flood preparedness, signalling the need for change, including not allowing municipalities to override provincial or territorial direction on development in flood-prone areas, argues a new

News CatastrophesClimate ChangeInsuranceProfessional Development

Canadian business leadership critical to reducing climate and other natural disaster risks, PwC Canada says

October 7, 2016 by Canadian Underwriter

Canadian business leadership is crucial to reducing the risks from climate and other natural disasters, PwC Canada said on Friday. That day, PwC convened a group of private and public sector leaders to discuss the case for Canadian businesses to

News InsuranceMergers and AqcuisitionsProfessional Development

U.S. Millennial small business owners more prepared for natural disasters and cyberattacks than previous generations: study

August 18, 2016 by Canadian Underwriter

Millennial small business owners in the United States are more likely than Gen X or Baby Boomers to have plans for natural disasters, cyberattacks, retirement benefits and even business succession, a new study has found. The second annual Small Business

News CatastrophesInsuranceTechnology

University of Calgary professor using NASA satellite data to help forecast forest fires

July 26, 2016 by Canadian Underwriter

An engineering professor from the University of Calgary is using freely accessible satellite data from NASA to create five classes of forest fire risk to help accurately predict where these hazards might strike. Quazi Hassan, a geomatics engineering associate professor

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

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 AssociationsCatastrophesInsuranceProfessional Development

2013 Calgary floods spawned ‘increased demand’ for services from non-profits: World Conference on Disaster Management speaker

June 9, 2016 Greg Meckbach, Associate Editor

Non-profit organizations need to be prepared for natural disasters so they can help deliver public services, speakers suggested Tuesday at the World Conference on Disaster Management. From research conducted after the floods in affecting southern Alberta in 2013, the Calgary

News CatastrophesInsuranceMergers and Aqcuisitions

Federal government issues second call for proposals for the National Disaster Mitigation Program

May 12, 2016 by Canadian Underwriter

Public Safety and Emergency Preparedness Canada has launched its second call for proposals for the National Disaster Mitigation Program (NDMP). The NDMP aims to reduce the impacts of natural disasters on Canadians by focusing investments on significant, recurring flood risk

News CatastrophesInsuranceProfessional DevelopmentTechnology

Aviva Canada, ICLR team up for free emergency preparedness mobile app

April 26, 2016 by Canadian Underwriter

Aviva Canada has partnered with the Institute for Catastrophic Loss Reduction (ICLR) for the creation of a free emergency preparedness mobile app. The free Plan & Protect app, announced on Tuesday, can be downloaded to mobile devices, where users will