The massive floods that devastated swaths of southern Alberta in June are estimated to be the costliest natural disaster in Canadian history, with property damage at $1.65 billion.
The massive floods that devastated swaths of southern Alberta in June are estimated to be the costliest natural disaster in Canadian history, with property damage at $1.65 billion.
See charts and analysis breaking down the 2013 performance of five P&C subsectors: commercial diversified, regionals, specialty commercial, personal writers and reinsurance.
See charts and analysis breaking down the 2013 performance of five P&C subsectors: commercial diversified, regionals, specialty commercial, personal writers and reinsurance.
The Insurance Bureau of Canada says early July flooding in Ontario caused more than $850 million in insured property damage and the total is expected to rise.
Bermuda-based insurer Catlin Group's profit dropped by more than a third in the first-half as higher interest rates hurt the value of its fixed-income portfolio, taking the shine off an otherwise solid underwriting performance.