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Ice Storm Lessons learnt

February 1, 1999 Paul Kovacs, Executive Director, Institute for Catastrophic Loss

At the time, it captivated Canadians across the country and even today is at the top of book best seller lists. The raw power of nature displayed by the ice storm which paralyzed south eastern Ontario, Quebec and parts of…

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U.S. cat losses continue

January 1, 1999 by Canadian Underwriter

Catastrophe losses continued to dampen U.S. property and casualty underwriters’ results for the third quarter of 1998, according to A.M. Best Company. The industry’s net income for the period fell 15% from the previous year’s level, due to higher underwriting…