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Public complaints about insurers in decline

October 13, 2022 by David Gambrill

It’s getting less ornery out there, if the number of public complaints against insurers is a reliable measuring stick. The General Insurance OmbudService (GIO) received 4,370 contacts from insurance consumers across the country in 2022, with 174 of them escalated…
News CatastrophesClimate ChangeInsuranceMergers and AqcuisitionsTechnology

200-year loss scenario from flood in Canada could produce insured losses of $5.7 billion: Swiss Re

June 15, 2016 by Canadian Underwriter

Flood is clearly the number one peril in Canada, with Swiss Re estimating that a “perfect storm” flood scenario would result in economic losses of $13.8 billion and insured losses of $5.7 billion. Developed using the company’s new probabilistic flood…