CIA (e)Bulletin/(e)Bulletin de l'ICA
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September 2016

Supporting Clients in Times of Crisis: a Case Study of Fort McMurray in the Latest Issue of Seeing Beyond Risk

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The latest issue of Seeing Beyond Risk examines how insurance companies respond to catastrophes, using the Fort McMurray wildfire, the most costly natural disaster in Canadian history for insurers, as a case study.

Kathy Lillico, vice-president, claims, at The Co-operators, discusses on-the-ground support for clients, covering out-of-pocket expenses in a catastrophic situation, and how the work of actuaries, particularly through reinsurance, diversifies financial risk and stabilizes underwriting results.

Seeing Beyond Risk is the CIA’s quarterly electronic publication, featuring contributions from well-known names in actuarial science and experts in the field, writing about topics suggested and honed by the CIA Editorial Panel, readers, and Institute members.

We are sure you will find this article informative and thought-provoking, and we encourage you to distribute it among your friends and colleagues.


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