Even without a historic storm on the books, frequency makes losses severe in 2023.

Company builds in-house team dedicated to water and the material impact it has in investing.

Environment Canada reported dozens of new daily minimum temperature records in January 2024.

Fairfax Financial released its fourth-quarter results and provisional balance sheet on Feb. 15.

Canada 19th among 36 countries identified as being most at risk for higher property damages.

Insurers urged to draw from a wider set of data and information to understand vulnerabilities.

Net income reached $1.3 billion in 2023, and direct written premiums surpassed $22 billion.