Pandemic and epidemic events cause losses to the insurance industry not only through insurance claims but also through disturbances to social and economic activities.
Condominiums carry a number of risks, some of which owners and condo boards may not be aware. In examining these risks and the necessity of sound reserve funds to cover future maintenance, the actuarial profession has several insights to offer in this area.
You can now find all our articles on the Canadian Institute of Actuaries website, in the News section. Seeing Beyond Risk podcasts will move there soon, giving you one easy place to access all Canadian actuarial content! Check it out!