Flood

  • Top business insurance losses revealed

    What if you could identify the top 10 causes of two-thirds of the financial losses in business? One insurer has compiled just such a list.

  • Daily Market Update

    The top ten causes of high-value claims…Government needs to do more on cyber threats… And lawyers are the real winners in industrial deafness claims…

  • Reinsurers accused of getting it wrong

    Scenario modelling conducted by ratings agency Standard & Poor's has indicated that reinsurers might be underestimating their exposure to catastrophe losses due to climate change.

  • Hail pushes insured claims to $4 billion since 2011

    A major storm that brought heavy rain, wind and hail to southern Alberta on August 7 and 8 caused an estimated $450 million in insured damage according to Property Claim Services (PCS).

  • Daily Market Update

    Cyber threat risk continues to be paramount… Cost of Ontario floods estimated at $90 million… And Health professionals cause more auto crashes…

  • Daily Market Update

    North Korea poses cyber threat to western businesses… Heavy rain poses health risk… Australian industry seeks reform… And the reinsurance sector is predicted to consolidate…

  • Canadians wrongly believe the government will cover this...

    A new survey from Square One Insurance details brokers need be aware that a majority of Canadians wrongly assume they are covered by the government for earthquake damages.

  • Daily Market Update

    ​Disasters cost insurance industry US$21 billion so far this year… Majority of retail and finance sector at risk of Heartbleed-type cyber attack… And the soaring cost of prescription drugs…

  • Daily Market Update

    Could we benefit from using China’s ways of selling life insurance?... Insurance credit scoring questioned… And ‘unprecedented’ rainfall causes floods in Nepal…

  • Prairie flooding – future coverages needed

    The Insurance Bureau of Canada is pointing to widespread losses across Manitoba and Saskatchewan flood regions to suggest business interruption insurance could serve as an important growth area for the industry.