Study of Impact and the Insurance and Economic Cost of a Major Earthquake in British Columbia and Ontario/Québec

AIR Worldwide (AIR) was engaged by the Insurance Bureau of Canada (IBC) to conduct a study of the impact and the insurance and economic costs of major earthquakes affecting British Columbia and the Ontario/Québec region. This is the most comprehensive and all-inclusive study of its type yet done for Canada. It is intended to raise awareness and to serve as a valuable tool for the insurance industry, government agencies, regulators, disaster preparedness organizations and the public in planning for, and mitigating, the risk from future earthquakes in Canada.

The study is not a prediction of future events but a hypothetical exercise designed to indicate the scale of losses possible should major events strike at the present time.

Group content visibility: 
Public - accessible to all site users
Author: 
AIR Worldwide - Commissioned by Insurance Bureau of Canada
Publication year: 
2013

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