Shutterstock.com_1524148727/Scharfsinn_150536375/Nomad
7 July 2025Insurance

Canada ice storm to trigger $304m insured loss hit

The March ice storm that swept through two provinces in Canada is expected to cost insurers C$416 million ($304 million), according to the latest estimate from Perils’ Toronto-based subsidiary CatIQ.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
25 March 2026   A distinct protection gap exists between traditional coverage and AI risk.
Insurance
25 March 2026   Rate softening and weak demand set to test margins into 2026.
Insurance
25 March 2026   Document generation and management, claims processing and triage dominate.