News

Ernesto’s near-miss a prelude to a deluge of named storms

Hurricane’s Ernesto’s brush past Newfoundland Monday is only a prelude to a deluge of named storms to come. Insurers can expect a cavalcade of hurricane threats in September — meteorologists are forecasting six to 10 named storms within the next month, Accuweather warns. That would tie with or exceed the historical average of six […]

By Alyssa DiSabatino | August 23, 2024

2 min read

The sticker price to fix Canada’s worst municipal water pipes

It will be a daunting task to fund the $40-million worth of improvements required to handle the intensity of Canada's rain and water damage.

By David Gambrill | August 23, 2024

3 min read

How IFRS 17 changes the language insurers must use

For Canada’s P&C insurance industry, IFRS-17 ushers in an era in which the lexicon for expressing financial performance is changing radically

By David Gambrill | August 22, 2024

3 min read

One-third of Canadians report being personally impacted by severe weather: poll

A poll suggests more than one-third of Canadians have been touched directly by extreme weather such as forest fires, floods or tornadoes.

By Mia Rabson - The Canadian Press | August 22, 2024

3 min read