Government expected to work with provinces to advance bilateral implementation plans.
AM Best special report says industry saw an $8.2 billion net underwriting loss.
Statement seeks to raise awareness about ongoing insurance protection gap.
Campaign encourages consumers to check their policies and coverage.
Homeowners with damage encouraged to contact their representatives as soon as possible.
Reinsurance product design and risk transfer efforts to be informed by new focus on evolving risks.
Canada is facing increasing risks of natural disasters due to climate change.