Risk Management and Insurance in Canada, 2nd Edition

by Coleen Clark is a comprehensive textbook published by Captus Press . It serves as a foundational resource for academic programs and professionals, specifically tailored to the Canadian regulatory and economic landscape. Core Content and Themes

Risk Management and Insurance in Canada, 2nd Edition

If you are a student in a Canadian post-secondary institution (Seneca, George Brown, UofT, or UBC) or a professional sitting for the CIP exam, is non-negotiable. It is the industry standard.

• Climate change: increase in frequency/severity of natural catastrophes, adaptation of underwriting and pricing, role of catastrophe modeling.
• Cyber risk: evolving exposures, silent cyber issues in traditional policies, and the growth of cyber-specific coverages.
• Technology: InsurTech, telematics in auto insurance, use of AI/ML in underwriting and claims—balancing innovation and regulatory compliance.
• Market structure: consolidation, capital inflows, and alternative capital (insurance-linked securities, catastrophe bonds).
• Social change: aging population effects on life/health markets; gig economy implications for workplace protections and personal lines.

1. Individuals and businesses should prioritize risk management: By identifying, assessing, and mitigating risks, individuals and businesses can protect their financial well-being.
2. Insurance companies should adapt to changing trends and issues: By understanding and responding to changing trends and issues, insurance companies can continue to provide effective risk management solutions.
3. Regulators should continue to monitor and regulate the industry: By ensuring that insurance companies operate in a safe and sound manner, regulators can help to maintain confidence in the industry.

Insurance Contract Analysis:

Detailed breakdowns of how to read and interpret Canadian insurance policies, including common exclusions and endorsements.

Captus Press

This 2nd edition, published by in 2018, addresses this gap by providing a balanced introduction to:

in 2018, is a 652-page textbook that provides a balanced foundation in risk exposure identification and analysis within the Canadian market. Ex Libris Group Core Content & Chapters