How record-high Cat season will impact reinsurance renewals
About half of the Canadian P&C insurance industry’s projected $7.7 billion in losses due to four natural disasters over the summer will be covered by reinsurance, a reinsurance broker told the National Insurance Conference of Canada (NICC) in Vancouver Tuesday. “We can observe that about 50% of the losses coming out those four main events […]
By David Gambrill | September 26, 2024
3 min read