Non-peak perils – floods, wildfires and thunderstorms – fuel rising loss trends.
Several studies confirm that the recurrence of extreme events will increase as the climate warms.
A recent update from the C.D. Howe Institute confirms that trends observed in earlier studies continued into 2022.
2024 set to become hottest year on record.
In Canada, it is only available in Ontario and Alberta.
Industry association calls on federal government to implement national flood insurance plan.
Flood adaptation efforts chronically underfunded globally.