zones sismiques – English Translation – Keybot Dictionary

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Le sinistre maximum probable (SMP) d’un tremblement de terre est fondé depuis toujours sur le plus élevé du SMP de la Colombie-Britannique (CB) et de celui du Québec (QC). Or, cette approche sous-estime les SMP des assureurs ayant des expositions importantes dans ces deux zones sismiques.
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Earthquake Probable Maximum Losses (PMLs) have historically been based on the larger of the British Columbia (BC) or Quebec (QC) PMLs. The historical approach understates the PML for insurers with significant exposures in both earthquake zones. OSFI has been conducting consultations and revising relevant guidance to ensure that earthquake PML is appropriately measured and accounted for in its guidelines and expectations.