Canada
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Compared with its initial figure, CatIQ’s latest estimate has increased by 40%. -
The executive will replace retiree Michael Miller.
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The estimate has reduced slightly since the modeler’s last update in October.
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The 2024 loss figure exceeded that of the previous record of C$6.2bn in 2016.
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The Montreal broker will use the funds to expand its Canadian operations.
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The floods add to an already historic loss tally for Canada in 2024.
Related
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Berkshire Hathaway Specialty launches Canadian program business
August 04, 2025 -
Canadian ice storm loss estimate bumped up to C$416mn
July 02, 2025 -
Canada’s Sterling Brokers explores potential sale
June 26, 2025 -
Allianz brings on O’Grady as head of Canadian property
June 18, 2025