Canadian Underwriter

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heavy snow

News Insurance

Cat counter starts the year at $134 million for winter storms

February 19, 2021 by David Gambrill

For the Canadian P&C insurance industry, Cat activity roared in like a lion in January, but has looked more like a kitten since then. Two winter storms in Western Canada caused more than $134 million in insured damage, based on

News CatastrophesInsuranceMergers and Aqcuisitions

Q1 combined ratio ex-MYA 101.6% for Desjardins General Insurance

May 16, 2017 by Canadian Underwriter

Desjardins General Insurance Group reported Thursday an underwriting loss, excluding market yield adjustment, of $17.2 million during the three months ending March 31, while premiums dropped 11% from the same period of last year. Direct premiums written dropped from $1.04

News CatastrophesInsuranceMarkets / Coverages

Pack ice, epic blizzards as ‘relentless’ winter won’t let go across Newfoundland

April 5, 2017 Sue Bailey - THE CANADIAN PRESS

JOHN’S, N.L. – From extreme pack ice to record-breaking snow falls, it’s the winter that just won’t let go across much of Newfoundland. There are at least 230 centimetres of snow (more than seven feet) on the ground in Gander

News CatastrophesInsuranceMergers and Aqcuisitions

Evacuations ordered amid heavy Northern California rain

February 21, 2017 Kristin J. Bender - THE ASSOCIATED PRESS

SAN FRANCISCO – Evacuations were ordered in Northern California on Monday and flash-flood warnings were issued elsewhere as downpours swelled creeks and rivers to potentially dangerous levels in the already soggy region. A levee break along the San Joaquin River