Alberta and Prairie storms cause more than $300-million in insured losses

Industry pressured by increasing losses and current provincial rate pause.

P&C | September 21 2023 10:45AM
Swiss Re calls for a rebalancing of the insurance value chain

Expects non-life reinsurance market to grow, thanks to new risk pools and continuous rate adjustments.

P&C | September 19 2023 10:47AM
C.D. Howe fellow argues for political will to address climate adaptation

Open letter calls for a stop to construction in risky areas, government support for high-risk properties.

SOCIETY | September 19 2023 10:23AM
Munich Re says underwriting matters more as reinsurance capacity recovers

Experts warn it would be naïve to hope the last five years of losses have been exceptions.

P&C | September 18 2023 10:29AM
Think tank says new energy efficiency mandates will increase building costs

Adds an estimated $55,000 to the average cost of a new home in Canada.

SOCIETY | September 18 2023 10:07AM
Aon says insurance market remains conservative in Canada

Climate concerns will be heavily weighted in underwriting risk exposures.

P&C | September 13 2023 04:23PM
Definity releases catastrophe estimates for July and August

Follows other insurers issuing warnings about the material impact of rainstorms, tornados and wildfire.

P&C | September 11 2023 10:20AM