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

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Topics

News Property treaty Catastrophe losses Canada Reinsurers
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