PC Insurance believes that the distribution of auto and home insurance is outdated.
Follows other insurers issuing warnings about the material impact of rainstorms, tornados and wildfire.
Promises October update if losses increase materially from estimate.
The insurer released this estimate on July 10th, and the majority of the bill pertains to Canadian policyholders.
Companies are ranked by net income.
Analyst’s discussion about the company also reveals growing appetite for cyber business.
United Kingdom segment divestment to free up £60-million of capital over time.