Canada
-
The estimate covers property and vehicle claims. -
The MGA will write natural resources professional liability business.
-
The late March storm caused extensive damage in southern Quebec and Ontario.
-
The executive previously spent 15 years in a variety of roles at Zurich.
-
Up to nine million acres of US land are considered likely to burn.
-
The estimate covers property and vehicle claims.
-
The storm is likely to be one of the costliest weather events in Canadian history.
-
Compared with its initial figure, CatIQ’s latest estimate has increased by 40%.
-
The executive will replace retiree Michael Miller.
-
The estimate has reduced slightly since the modeler’s last update in October.
-
The 2024 loss figure exceeded that of the previous record of C$6.2bn in 2016.
-
The floods add to an already historic loss tally for Canada in 2024.
Most Recent
-
Sompo’s acquisition of Aspen in five graphics
27 August 2025 -
Sompo acquires Aspen for $3.5bn
27 August 2025 -
Sompo-Aspen ~$3.5bn deal poised to announce
27 August 2025 -
Daily Digest: Top news from 27 August
27 August 2025 -
Reinsurers beat cost of capital in 2024: AM Best
27 August 2025