10 Extreme Summer Events Caused Insured Losses of over CAD 1.8bn in Canada: CatIQ
Edmonton saw thousands of claims as aging sewer and storm systems were overwhelmed by heavy June and July rainfall, IBC said.
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10 extreme summer events caused insured losses of over CAD 1.8bn in Canada: CatIQ
According to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ), a Toronto-based organisation providing industry-wide catastrophe insurance data and a subsidiary of PERILS, 10 extreme weather events this summer across Alberta, Saskatchewan, and Manitoba caused overall insured damages of more than CAD 1.8 billion. Historically, wind, hailstorms, and wildfires are the costliest extreme weather risks in the Prairies in summe…
Insurers report over $1.8B in severe weather claims across Prairies: Insurance Bureau of Canada
Severe weather hit the Prairies hard this summer, reporting more than $1.8 billion in insured losses across Alberta, Saskatchewan and Manitoba, according to the Insurance Bureau of Canada (IBC).
Insurance Bureau of Canada - Summer storms across Alberta, Saskatchewan and Manitoba cause more than $1.8 billion in insured losses
Ten extreme weather events in Alberta, Saskatchewan and Manitoba this summer have caused over $1.8 billion in insured damage, according to initial estimates from Catastrophe Indices and Quantification. . .
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