Flooding, both fluvial (riverine) and pluvial (from intense rainfall events), has caused significant damage to communities in Canada over the past two decades. Over this period, property claims have slowly increased, and now represent 36.8% of all insurance claims for the Canadian insurance sector, with the largest percentage of property claims resulting from flooding.

In order to mitigate against the potential impacts of flooding to various stakeholders, a greater understanding and more robust evaluation of risks is required.