Floods impact thousands of Canadian homeowners annually and inflict millions of dollars in property damage. Unfortunately, floods can happen anywhere, and many homeowners don’t realize…
Poorly maintained commercial premises could lead to employee and visitor accidents, increasing a business’s chances of litigation and damaging its reputation. Moreover, poorly maintained buildings…
Insured losses stemming from the record-breaking hailstorm that hit Calgary in August 2024 continue to rise. The insured losses resulting from the event, which is…
Climate-fuelled severe weather events show no signs of abating, according to a report by German insurance company Munich Re. Natural disasters such as hurricanes and…
The reinsurance market stabilized in 2024 due to several factors, including significant growth in catastrophe bonds, which increased available capacity. This greater access to reinsurance…