Globally, economic losses reached $313-billion in 2022, only 42 per cent of which was insured.
Industry association calls for action on national flood insurance, adaptation and infrastructure.
Two natural disasters in 2022 have made the list of the 10 worst insured losses in Canadian history.
Seven in ten say financial institutions could help them better align their businesses with climate change objectives.
Project aims to safeguard heritage sites from climate change.
A recent report by Aon details the insured losses resulting from several global catastrophes.
Definity Financial declines for the fourth consecutive quarter.