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Nov 9, 2022

CNA's Markham Sandulak featured in Canadian Underwriter

In an article published by Canadian Underwriter, CNA's Markham Sandulak provides a new way of talking about CAT risks to help brokers communicate with their clients.

 

With insured natural catastrophe (CAT) losses in Canada reaching over $2billion annually, the industry and consumers alike are grappling with the increased frequency and ferocity of severe weather events as a result of climate change.

 

“There is increasing evidence of climate change related to the impact of greenhouse gases from industrialization, deforestation, and urbanization and the links to the rising rate of severe weather,” says Markham Sandulak, Senior Risk Control Consultant at CNA Canada.

 

“As the intensity of wind and hail storms, wildfires and floods continues to grow, the predictability of CAT-related damage decreases,” notes Sandulak. “This makes it all the more important to be prepared for when something happens – not “if” it will happen.”

 

For more information and personal insights, read the full feature: ‘Preparing for the inevitable: A new way to talk to your clients about CAT risk’ published in Canadian Underwriter.

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