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Incorporation of Flood and Other Catastrophe Model Results into Pricing and Underwriting

This research report, sponsored by the CIA, the Society of Actuaries, and the Casualty Actuarial Society, follows upon the recent emergence of water damage claims and climate-related perils as the largest claims costs facing property insurers in Canada. This research report may assist in developing recommendations for pricing methodologies and underwriting approaches that incorporate the use of catastrophe model results.

If you have any questions, please contact Shlomit Jacobson, manager, research.

Announcement Number
2018-07(04211)
July 25, 2018