Flashcards
Flood Set 2
Cards in this deck (6)
- 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. - 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) - 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) - 4Flood CoveragePersonal property: No (Sewer back up)
Automobile: Yes
Commercial Property: Yes - 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. - 6Why is flood not insurable?1. predictable
2. correlated
3. large number affected
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- Exam6C FCAS Flashcards on Flood Set 2, created by Genevieve Gagnon on 23/01/2019.
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- Genevieve Gagnon
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