There are limits in the financial capacity of Canadian insurers to respond to very large catastrophes.
Investment expected to support space sector’s growth and diversification.
Changes to assistance program for communities hit by natural disasters are welcome, according to one expert.
Experts urge governments to strengthen partnerships with the private sector to insure against catastrophic risks.
The impact of rising premiums and non-renewal of certain policies in disaster-prone areas was discussed in a recent webi
A rating agency stresses the need to maintain a functioning property insurance market.
Non-peak perils – floods, wildfires and thunderstorms – fuel rising loss trends.