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Flashcards

Flood Set 3

Genevieve Gagnon FCAS Exam6C English 3 cards

Cards in this deck (3)

  1. 13 consequences of the predictability of flooding1. Adverse Selection
    2. due the lack of infrastructure and investment
    3. flood mapping in Canada is inadequate
  2. 2Why is the risk-based premium for flood so expensive?all properties are affected at the same time, reducing the diversification benefit.
  3. 3Consequence of the limited insurability of flood risk in Canadait places the burden on homeowners and taxpayers who are funding disaster relief spending from federal, provincial and municipal governments.

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Exam6C FCAS Flashcards on Flood Set 3, created by Genevieve Gagnon on 26/01/2019.
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