Claims

Insurers should model for flooding, drought as a result of global warming

The insurance industry should start planning and modeling for a higher level of losses across the world by the middle of this century, as sea levels rise and large portions of polar ice sheets begin to melt, according to a report by Lloyds of London.In its report, 360 Risk Project, posted online, Lloyds warns that […]

By Canadian Underwriter | April 5, 2007

1 min read

Canadian cities to face more heat waves, report finds

The Intergovernmental Panel on Climate Change (IPCC) is preparing to launch its second report this year, which found that Canada can expect to see major issues around heat waves and water shortages, reports the Toronto Star. The Star obtained a near-final draft of the reports technical summary, and reported that nearly six pages of the […]

By Canadian Underwriter | April 2, 2007

1 min read

Adjusting for the Future

Maintaining the Leadership Position

April 1, 2007

13 min read

El Nino weakens, suggesting more 2007 storms

El Nio – which moderated storm activity last year – has dissipated, thereby increasing the likelihood of 2007 being an active season, according to Tropical Storm Risk (TSR), a consortium of experts on seasonal climate forecasting led by the Benfield UCL Hazard Research Centre. TSR predicts Atlantic basin and U.S. landfalling hurricane activity in 2007 […]

April 1, 2007

1 min read