What P&C industry can expect from Kelowna wildfires
Almost 20 years to the day wildfires caused $200 million in insured damage back in 2003, Kelowna is burning once again.
Source: canadianunderwriter.ca
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Thunderstorms now a primary concern for insurers
Damage from secondary perils such as thunderstorms in the first half of 2023 is of primary concern to reinsurers.
Source: canadianunderwriter.ca
Claims pouring in for record Nova Scotia rainstorm
Adjusters are beginning to see claims pour in after thunderstorms dumped record amounts of rain on Nova Scotia this Friday.
Source: canadianunderwriter.ca
Can insurers and reinsurers survive looming NatCat trends?
As natural catastrophe recovery costs continue to climb, insurers and reinsurers risk encountering scenarios that could mean insolvency
Source: canadianunderwriter.ca
How much Intact paid in second quarter Cat losses
Intact Financial Corporation saw an estimated $335 million in catastrophe losses in Canada for the second quarter of 2023.
Source: canadianunderwriter.ca