Intact posts C$570mn in estimated Q3 pre-tax cat losses from wildfires, weather events
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Intact posts C$570mn in estimated Q3 pre-tax cat losses from wildfires, weather events

Shelby Rosenberg
August 31, 2023
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Canadian insurer Intact has incurred around C$570mn ($421mn) in Q3 to-date pre-tax cat losses from wildfires and other weather events, according to an estimate released Thursday.

The losses relate to a number of events in July and August, none of which met the threshold for reinsurance under Intact's cat treaties.

The

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NewsIntact FinancialClaims and losses
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