CatIQ Issues Annual Update of Insurance Industry Exposure Database for Canada

CatIQ - Catastrophe Indices and Quantification. A PERILS Company.

Toronto (April 22, 2026) – Catastrophe Indices & Quantification Inc. (CatIQ), a subsidiary of Zurich-based PERILS AG, announces the release of the annual update of its Canadian insurance Industry Exposure Database (IED).

In total, the updated CatIQ IED 2026 includes detailed sums insured exposed to natural perils of CAD 23 trillion of property assets as at year-end 2025. This indicates continued growth in the Canadian market, with a year-on-year increase in sums insured of 10 percent, matching the increase between year-end 2023 and 2024.

While the CatIQ IED shows steady growth in sums insured, the database also reflects higher-resolution changes indicative of shifts in the Canadian insurance industry. For example, while the year-on-year increase in reported hail deductibles for personal lines is approximately 14 percent for the country as a whole, the provinces of Manitoba and Alberta – both of which have experienced major hail-related catastrophes in recent years – have witnessed a significant rise in related deductibles, with increases of 21 and 25 percent, respectively.

The CatIQ IED is based on detailed exposure submissions from the majority of the Canadian insurance market. Consistent with PERILS’ globally recognized methodology, the IED is updated annually from the ground-up. The database makes available industry property sums insured, number of risks, and prevailing original insurance conditions by:

  • CRESTA zone (corresponding to Canada Post FSA/Forward Sortation Area)
  • Peril (windstorm, hail, fire, flood, earthquake, and volcanic eruption),
  • Line of business (personal, commercial, and motor hull), and
  • Cover type (building, vehicle, contents, business interruption and additional living expenses, where applicable).

Commenting on the announcement, Laura Twidle, President and CEO of CatIQ, said: “I would like to extend our gratitude to all of our participating insurers for their support in the production of this database.”

The CatIQ IED module, along with the Canadian catastrophe loss database, is available via the CatIQ platform. Furthermore, the IED and granular loss information is made available on the PERILS platform. In addition to Canada, PERILS’ Industry Exposure and Loss Database covers Australia, Austria, Belgium, Canada, Denmark, France, Germany, Ireland, Indonesia, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, the Philippines, Sweden, Switzerland, Thailand, Turkey, and the United Kingdom.

About CatIQ

Toronto-based Catastrophe Indices and Quantification Inc. (CatIQ), a subsidiary of Zurich-based PERILS A.G., is Canada’s provider of insured loss and exposure indices. CatIQ specializes in the Canadian market, delivery analytical estimates of insured losses and exposures, along with detailed meteorological information on both natural and human-made catastrophes. Through its online, subscription-based platform, CatIQ combines comprehensive data on insured losses and exposures with related insights to serve the insurance, reinsurance, and insurance-linked securities (ILS) industries, as well as the public sector and other stakeholders. www.catiq.com Established in 2014 with support from the vast majority of the Canadian insurance and reinsurance industry, CatIQ is widely recognized as the most reliable source of catastrophe loss information in Canada. CatIQ also partners with MSA Research to host the annual Canadian catastrophe conference, CatIQ Connect. The next event is scheduled for February 2-3, 2027, at the Marriott Downtown at CF Toronto Eaton Centre. Visit connect.catiq.com for details.

About PERILS AG

PERILS is an independent Zurich-based organisation providing industry-wide natural catastrophe exposure and event loss data. The PERILS Industry Exposure & Loss Database is available to all interested parties via annual subscription. The database contains industry property sums insured and event loss information on a CRESTA zone level and per property line of business. PERILS industry loss estimates provided via the PERILS Industry Loss Index Service can be used as triggers in insurance risk transactions such as industry loss warranty contracts (ILW) or insurance-linked securities (ILS). The service currently covers the following 18 countries: Australia, Austria, Belgium, Canada, Denmark, France, Germany, Ireland, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Sweden, Switzerland, Turkey, and the United Kingdom. In addition, PERILS industry exposure data are available for Indonesia, the Philippines and Thailand. The use of PERILS exposure and loss data other than in conjunction with a valid PERILS License and according to its terms, by a Licensee or an Authorized User as defined in the License, is illegal and expressly forbidden.

More information can be found at https://www.catiq.com and https://www.perils.org

Media Contact – Laura Twidle | +1 416 368 1723 | admin@catiq.com