The latest KatRisk’s Canada Flood Model is here, built on a new 10-meter terrain model covering the entire country.
The problem with flood risk in Canada
Flooding is the most common and costly natural disaster in Canada, with annual average insured losses near $800 million. Over 1.5 million homes sit in high flood-risk areas, and roughly 80 percent of cities are at least partly on floodplains.
When losses are this concentrated, the details decide everything. Whether a property reads as in or out of a floodplain. Whether a defended community is credited as protected. Whether the flood depth at an address reflects the real shape of the land. Get the terrain wrong, and every decision downstream inherits the error.
What’s new in the Canada Flood Model
One 10-meter terrain model for all of Canada. High-resolution lidar where it exists (about 95 percent of populated areas), enhanced global elevation data everywhere else, brought together into a single, continuous surface and refined with machine learning.
Sharper rivers and floodplains. Cleaned of noise, vegetation, and buildings, so the model sees bare earth and routes water the way it actually flows.
Better in hard terrain. An updated physics engine that performs in mountainous and steep areas, where flood modeling is hardest.
Defenses that reflect reality. Refreshed flood defense data, including major infrastructure like the Red River Floodway and Springbank Off-stream Reservoir.
What it means for your team
| If you’re a… | Canada Flood Model gives you… |
|---|---|
| Underwriter | A clearer in-or-out call at the property level |
| Exposure manager | A consistent national view for accumulation and portfolio roll-ups |
| Pricing / portfolio analyst | A more dependable foundation to price and manage Canadian risk |
All backed by the speed, transparency, and climate-aware modeling KatRisk flood users already rely on.
Available now
The latest KatRisk’s Canada Flood Model is available today. Request a demo.
