News and Press Releases
Canadian Insured Losses from Catastrophic Events Total CAN $3.1 Billion In 2022
The 2022 total insured catastrophic loss of $3.1 billion lands the year in the top three loss years for the country. There were 15 events which incurred at least $30 million in insured losses and, notably, two events made up a substantial portion of the overall industry total – the May 21 derecho in Ontario and Quebec ($1 billion) and Hurricane Fiona in Atlantic Canada in September ($800 million).
Registration for the Eighth Canadian Catastrophe (CAT) Conference has Opened
CatIQ is pleased to announce that registration for its eighth annual Canadian catastrophe conference, CatIQ Connect, is now open.
CatIQ Names Laura Twidle President & CEO; Joel Baker to Become Vice Chairman
Catastrophe Indices & Quantification Inc. (CatIQ), Canada’s loss and exposure indices provider, today announced that Laura Twidle will assume the role of President & Chief Executive Officer, effective July 1, 2022.
CatIQ Issues Annual Update of Insurance Industry Exposure Database for Canada, CA...
Catastrophe Indices & Quantification Inc. (CatIQ), a subsidiary of Zurich-based PERILS AG, today released the annual update of its Canadian insurance Industry Exposure Database (IED). Developed with the support of the Canadian P&C industry, the IED now contains 2021 year-end estimates of Canadian industry property sums insured.
Canadian insured losses from catastrophic events exceed CAN $2 billion in 2021
2021 saw much discussion of a ‘new normal’ for Canadians, but when it comes to insured losses, it seems that the new normal – where annual losses due to catastrophes exceed $2 billion annually – is already firmly established.
Registration for CatIQ Connect’s October ’21 webinar now open
CatIQ and MSA Research are pleased to announce that registration is now open for the first of the Canadian catastrophe conference’s 2021/2022 online webinar series.