Canadian insured losses reached record-breaking C$8.5bn in 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Canadian insured losses reached record-breaking C$8.5bn in 2024

The 2024 loss figure exceeded that of the previous record of C$6.2bn in 2016.

By Abbie Day
January 13, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
lightning storm catastrophe.jpg

Insured losses from catastrophic events in Canada came to more than C$8.5bn ($5.9bn) last year, making 2024 the largest loss year for the country on record, according to CatIQ.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Property treaty Catastrophe losses Canada Reinsurers
Gift this article