Explore further
Mission
IBC’s mandate is to provide a forum for its member companies to resolve issues that are important to achieving the P&C insurance industry’s common vision.
The organization has no registered commitments.
allows stakeholders to inform the public about their work on DRR. The SFVC online platform is a useful toolto know who is doing what and where for the implementation of the Sendai Framework, which could foster potential collaboration among stakeholders. All stakeholders (private sector, civil society organizations, academia, media, local governments, etc.) working on DRR can submit their commitments and report on their progress and deliverables.
Items: 12
Severe weather across Canada continues to highlight the financial costs of a changing climate to insurers and taxpayers.
New report warns that avoiding the worst impacts of climate change at the municipal level will cost an estimated $5.3 billion per year shared amongst all three orders of the Canadian government.
Spring floods in eastern Canada caused $208 million in insured damage in 2019, and the financial risk of climate change is only going to increase.
Every year, thousands of Canadians experience financial losses due to severe weather. The losses to insurers and their policyholders and losses to governments and, by extension, taxpayers are escalating.
This report demonstrates how to quantify the benefits and costs of natural infrastructure, such as ponds, wetlands and vegetated areas, as a strong complement or a viable alternative to grey infrastructure options for flood mitigation in Cana
The Government of Canada tabled the 2017 Federal Budget and dedicated significant funds to protect Canadians and their communities from the ravages of natural disasters. $2 billion will be set aside for a Disaster Mitigation and Adaptation Fund to support the national, provincial and municipal infrastructure required to deal with climate change.
As part of an earthquake preparedness campaign, Insurance Bureau of Canada (IBC) is touring Quebec and will be inviting residents of participating cities to experience a unique sensation inside the Quake Cottage, a mobile earthquake simulator. Eastern Canada experiences some 450 quakes each year - IBC aims to create awareness about the real possibility of a major quake.
Insurance Bureau of Canada (IBC) has recently highlighted the urgent need to increase Canada’s preparedness for natural disasters, noting a large gap in the system. IBC is therefore proposing a framework for the financial management of flood risk, with shared responsibilities for the property and casualty (P&C) insurance industry, all levels of government, and consumers.
Contact information
Fax:
+44-41227885858