Canadian Underwriter

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storms


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B.C. commits $750,000 in funding for flood mitigation projects in Delta and Kelowna

June 23, 2016 by Canadian Underwriter

British Columbia’s Ministry of Transportation and Infrastructure announced on Wednesday $750,000 in funding for flood mitigation projects in the province’s Kelowna and Delta areas. The ministry said in a press release on Wednesday that it is committing $550,000 in funding

News CatastrophesClimate ChangeInsurance

National model building code should account for anticipated climate change: Auditor General report

May 31, 2016 by Canadian Underwriter

Canada’s federal environment and climate change department “should work with partners” to figure out how to produce data used to measure intensity, duration and frequency of storms, and the National Research Council should “incorporate climate change trends” when developing structural

News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

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

News CatastrophesInsuranceMergers and Aqcuisitions

Global economy suffers worst natural disaster losses in April in five years: Aon Benfield report

May 5, 2016 by Canadian Underwriter

The global economy suffered the worst natural disaster losses in April in five years, according to Impact Forecasting’s Global Catastrophe Recap for the month. Between April 14 and 16, two major earthquakes struck Japan within 24 hours, causing massive devastation,

News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

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