Insured losses in Canada caused by 2024 weather events hit record $8.55-billion, report says | Unpublished
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Source Feed: The Globe and Mail
Publication Date: January 13, 2025 - 13:53

Insured losses in Canada caused by 2024 weather events hit record $8.55-billion, report says

January 13, 2025
A new report says the cost of insured damage caused by severe weather last year hit a record high as it totalled more than $8 billion.According to Catastrophe Indices and Quantification Inc., the cost of insured damage totalled $8.55 billion for 2024, topping the previous record of $6.2 billion from 2016 when wildfires tore through Fort McMurray, Alta.


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