The Insurance Bureau of Canada says 2024 was the costliest year ever when it comes to weather-related insurance losses. As ...

The Insurance Bureau of Canada (IBC) said intense rainfall and wind — which prompted a local state of emergency in North Vancouver on Oct. 20 — resulted in overflowing rivers, sewer backups ...

data from the Insurance Bureau of Canada released on Monday showed. Canadian insured losses from 2024 weather events reach record C$8.5 billion Reuters, the news and media division of Thomson Reut ...

In a report released on Monday, the Insurance Bureau of Canada said the tally of natural disaster claims in 2024 shattered the previous record of $6-billion set in 2016, when the Fort McMurray ...

Montreal (AFP) – Damage from extreme weather in Canada last year pushed the bill facing insurers to an unprecedented CAN$8.5 billion ($5.9 billion), the Insurance Bureau of Canada said Monday.

The Insurance Bureau of Canada (IBC) says the summer of 2024 stood out as the most destructive season in Canadian history for insured losses. The season saw $3 billion in damages related to a ...

The 2024 total is nearly triple the total insured losses recorded in 2023 and 12 times the annual average of $701 million in the decade between 2001 and 2010, Insurance Bureau of Canada (IBC ...

The Insurance Bureau of Canada, a national industry association, says that generated more than $1 billion in insured damages in Ontario, making it the second costliest summer for floods in the ...

said Aaron Sutherland, the Insurance Bureau of Canada’s (IBC) vice-president of Pacific and Western regions.

The Insurance Bureau of Canada, a national industry association, says that generated more than $1 billion in insured damages in Ontario, making it the second costliest summer for floods in the ...

A shareholder advocacy group is accusing Canadian insurer Fairfax Financial Holdings Ltd. of being one of the worst offenders globally on climate action, contrasting with industry peers that have ...