In Canada, it is only available in Ontario and Alberta.
The company reported an increase in direct written premiums for both the third quarter and the first nine months of 2024
Industry association calls on federal government to implement national flood insurance plan.
Catastrophe losses in the summer of 2024 had an impact on general insurance results in the third quarter.
For the same quarter in 2023, the company reported a loss.
Flood adaptation efforts chronically underfunded globally.
The claims ratio for personal insurance products in Canada climbed considerably during the third quarter.