Canadian Insured Losses From Catastrophic Events Total C$8.5 Billion in 2024: CatIQ January 13, 2025 The magnitude of catastrophic events experienced across Canada in 2024 pushed the insured loss total for the region to C$8.5...
Climate Change Causes 379% Hike in Insured Damages in Canada Over 10 Years: Report October 17, 2024 The annual average insurable losses in the last decade increased in Canada by a whopping 379%, when compared to the...
Extreme Canada Weather Causes Record $5.7 Billion Insured Damage September 24, 2024 By Thomas Seal An onslaught of four natural disasters caused C$7.1 billion ($5.3 billion) of insured losses across Canada in just two months...
Canada’s Insurance Czar Has ‘Harsh’ Message About Climate: You May Have to Move September 24, 2024 By Thomas Seal The soaring cost and difficulty of insuring against climate risks may force people to relocate, the head of Canada’s main...
Claims From 4 Summer Weather Events in Canada Exceed Prior Year Total: IBC September 6, 2024 Four natural catastrophes over four weeks during Canada’s summer season have resulted in about five times the amount of claims...
Canada’s 10 Worst Natural Disasters Totaled C$30 Billion in Annual Insured Losses September 3, 2024 Insured losses have surged in the past decade as climate change in Canada sparks wildfires, intense hailstorms and thunderstorms with...
Canada’s Insurance Sector Faces Deluge of Climate-Related Catastrophe Claims September 3, 2024 By Nivedita Balu Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major...
Canada Insurers Investing in Fossil Fuels as Climate Risks Grow: Shareholder Group July 10, 2024 Canada’s top property and casualty insurers have invested more than C$19.5 billion ($14.30 billion) in fossil fuels production at a...
Canada Crop Land ‘Deteriorating’ as Heavy Rain Hinders Planting May 19, 2022 By Jen Skerritt Farmers in parts of Canada’s Prairies are struggling to get crops in the ground as heavy rains continue to wallop...
Canada’s Insured Catastrophe Losses Exceed C$2 Billion in 2021: CatIQ January 14, 2022 Canada’s total insured catastrophe losses were C$2.04 billion (US$1.63 billion) to date, landing the year in the top five loss...