CARE 2027
Community Actuarial Real-World Experience
McMaster University, January 4 - February 13, 2027
What is CARE?
How does it work?
- In teams of 2-4, undergraduate and graduate students will have one month to prepare an analysis of the provided case study problem.
- During the competition, each team will be provided instructions, a data package, and support in the form of mentorship and workshops.
- The Top 3 teams will be selected by a panel of expert judges and present their work at the Closing Ceremonies.
What is the case study problem?
Hamilton, Ontario faces a uniquely complex flood risk profile. Situated at the western tip of Lake Ontario and bisected by the Niagara Escarpment, the city confronts interwoven flood hazards, including rapid escarpment runoff, shoreline flooding, and sewer system overflows during heavy rain events. Climate change is intensifying each of these risks, driving the city’s ongoing investment in flood resilience.
- How large and variable are the financial losses Hamilton can expect from flood events?
- Are the city and its most vulnerable residents adequately insured against them?
- How do these exposures change under plausible climate scenarios through 2050?
How do I sign up?
Use the registration form above to sign up. Teams will be formed during the first week of the competition. If you already have teammates in mind, you can let us know when you register.
Do I need a team?
No team required! Team formation will happen during the first week of the competition and you’ll be grouped with 2 to 3 other individuals. However, if you already know who you want to work with, you can let us know when you register.