Executive Outlook
Overall, buying conditions will remain favourable into 2025, with a continuation of underwriting trends we experienced in 2024
By Canadian Underwriter Staff | December 26, 2024
2 min read
The Canadian insurance market heading into 2025 can best be described as both evolving and bifurcated between personal and commercial lines.
Today’s risk landscape is increasingly complex, and businesses must navigate how they mitigate and manage physical and intangible risks.
The market is evolving at a rapid pace and a variety of factors are providing headwinds or tailwinds that are influencing trading dynamics.
Too many Canadians have had to deal with the emotional and financial strain of losing a home, or the anxiety of evacuating.
By Canadian Underwriter Staff | December 25, 2024
Auto theft will continue to affect customers and carriers because of increasingly sophisticated criminal tactics and high claims frequency
Canadian commercial and personal lines present distinct contrasts, driven by factors ranging from natural NatCats to market dynamics
The catastrophic events of 2024 have sharpened the industry’s focus on resilience and underscored the importance of being there for customers
1 min read
2024 was a challenging for Canadians impacted by both spikes in auto theft and severe weather that caused widespread damage
By Canadian Underwriter Staff | December 24, 2024
We’re keen on opportunities presented by the current, increasingly competitive market and next year will see continued transition
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