Underwriting this risk in Canada remains challenging, brokers say.
For commercial and personal insurance alike.
Insurance premiums will likely climb again.
A major firm shares its brokers’ underwriting experience.
Even so, brokers expect a peak in the coming months.
The market crunch is far from over, says Aon in a report on insurance in Canada.
However, challenges lie in store for insurers in the second half of 2021, Aon argues.