Nova Scotia Floods Cost Insurers More Than C$170 Million August 25, 2023 An atmospheric river event that led to significant flooding in parts of Nova Scotia on July 23, 2023, is estimated...
Severe Weather in Canada Cost Insurers C$1.9 Billion in 2018: IBC January 17, 2019 Insured damage from severe weather events across Canada reached C$1.9 billion (US$1.4 billion) in 2018, according to the Insurance Bureau...
The Co-Operators Offers Storm Surge Cover for Homeowners Across Canada January 7, 2019 Montreal-based Co-operators is offering storm surge insurance for homeowners in Quebec and Manitoba, which completes the company’s product rollout to...
June Storms in Canada Cost Insurers More Than C$34 Million July 20, 2016 The storms that hit Saskatchewan, Manitoba and Ontario in Canada on June 24 and 25 caused more than C$34 million...
Costly Alberta Wildfires to Hit Q2 Results; Insurers Are Resilient: Ratings Reports May 9, 2016 By L.S. Howard While the wildfires raging through northern Alberta and the city of Fort McMurray could bring one of the largest catastrophe...
Alberta Wildfire Insured Losses Could Total $7.3B, Covering Area Bigger Than NYC May 6, 2016 By Rebecca Penty, Robert Tuttle and Scott Deveau The wildfires ravaging Canada’s oil hub in northern Alberta have rapidly spread to an area bigger than New York city,...
Alberta Wildfire Could Become Canada’s Costliest Natural Catastrophe May 5, 2016 By Matt Scuffham A wildfire in the Alberta city of Fort McMurray is set to become the costliest ever Canadian natural disaster for...
Canadian Farm Flooding Seen Increasing Claims for Crop Insurance July 3, 2014 By Jen Skerritt Saskatchewan, Canada’s biggest producer of wheat and canola, expects insurance payouts on crops to increase after floods wiped out acreage....
Global 2013 Cat Losses at $40 Billion Were ‘Below Average’ – Guy Carpenter February 13, 2014 Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and member of Marsh & McLennan Companies, 2013...
Swiss Re Reports 2013 Disaster Losses at $130 Billion; $44 Billion Insured December 18, 2013 According to preliminary estimates from Swiss Re’s latest sigma report, insured losses from natural catastrophes and man-made disasters in 2013...