Canadian P&C insurers face rising climate losses but remain profitable

Tony DowdingOctober 6, 2023
Canada flags waving at the wind in mountain scenario.
Credit: Shutterstock/GagliardiPhotography

Canada’s P&C insurers recorded a fourth year of underwriting profitability in 2022 despite rising insured losses stemming from climate-related events, according to AM Best. The ratings agency anticipates the hard market c...

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Tony DowdingOctober 6, 2023
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