Insured Losses From Calgary Hailstorm Reach C$3.25B as 2nd Costliest Canada Disaster February 12, 2025 The tally for Calgary’s record-breaking hailstorm last August continues to rise, with total insured losses now estimated to be C$3.25...
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 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...
Derecho Storm Ranks as Canada’s 6th Largest Insured Loss on Record June 16, 2022 The storm that swept through southern Ontario and parts of Quebec on Saturday, May 21, caused over C$875 million (US$676.3...
Extreme Winds in Ontario Knock Down Trees, Power Lines, Cutting Electricity for 80,000 December 13, 2021 By Robert Tuttle More than 80,000 customers in Canada’s most populous province remain without electricity after extreme winds swept through several Ontario cities...
Hundreds of Thousands of Farm Animals Perish in Canada Floods December 3, 2021 By Marcy Nicholson Hundreds of thousands of livestock have perished in floodwaters in Canada’s westernmost province, the British Columbia government said Thursday. Back-to-back...
Western Canada Braces for Another Deluge From ‘Atmospheric River’ December 1, 2021 By Marcy Nicholson British Columbia, home to Canada’s biggest port, is bracing for its most intense deluge after a series of damaging rain...