Yet this result tops the figures reported during the first quarters of 2010 to 2020.

A record high for the insurer.

Three out of iA’s five sectors declined, one stayed flat, and one advanced.

P&C decline fuelled by one main factor.

Three out of five segments declined in Q1 2022, including Canada.

Parent company Fairfax Financial has released the Canadian group's financial results for the first quarter of 2022.

Four of the insurer’s five segments did better in the first quarter of 2022 than in Q1 2021. Canada bucked the trend.