Keyword
commercial losses
Five Canadian cats in first half of 2017 led to $438 million in insured losses: Property Claim Services
August 9, 2017 Jason Contant, Online EditorFive catastrophe events in Canada led to $438 million in insured losses in the first half of this year, according to the PCS H1 2017 Catastrophe Review, released on Wednesday. “Unsurprisingly, insured losses from PCS-designated events in Canada fell dramatically…
2016 insured losses for Canadian cats reached about $4.9 billion last year – 10 times more severe than 2015: PCS
March 7, 2017 by Canadian UnderwriterInsured losses from catastrophe events in Canada reached about $4.9 billion last year, nearly 10 times more severe than 2015, the quietest Canadian catastrophe year on record, according to Property Claim Services’ (PCS) full-year 2016 review. In 2016, PCS designated…
Fort McMurray wildfire accounts for 98% of H1 insured cat losses in Canada, 29% of PCS-designated North American losses
August 31, 2016 by Canadian UnderwriterThe Fort McMurray wildfire accounted for 98% of first-half insured catastrophe losses in Canada and 29% of Property Claim Services (PCS)-designated North American cat losses for the period, according to a preliminary estimate from the company. Insurers affected by the…