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Flood Set 2

Genevieve Gagnon FCAS Exam6C Inglés 6 fichas

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  1. 1The financial management of flood risk is increasingly problematic due to the combination of several trends:1. the growth in population
    2. the concentration of urban and industrial
    3. the onset of more violent weather patterns,
    4. the increase in the vulnerability of the infrastructure
    5. under-investment in risk mitigation measures.
  2. 25 main underlying hazards that can generate overland floods:1. Spring snow-melt runoff (Riviere Richelieu)
    2. Storm rainfall (Toronto)
    3. Tidal flooding (Thailande)
    4. Natural dam failure
    5. Structural failure (Saguenay)
  3. 33 main types of floods based on location1.Fluvial flooding (Riviere Richelieu)
    2. Urban (i.e., pluvial) flooding (Toronto)
    3. Coastal flooding (i.e., storm surge) (tsunami)
  4. 4Flood CoveragePersonal property: No (Sewer back up)
    Automobile: Yes
    Commercial Property: Yes
  5. 5Reasons Insurers often end up paying for a significant portion of associated losses.1. often two different perils:
    2. to avoid reputation damage and potential political pressures.
  6. 6Why is flood not insurable?1. predictable
    2. correlated
    3. large number affected

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Exam6C FCAS Fichas sobre Flood Set 2, creado por Genevieve Gagnon el 23/01/2019.
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