Canadian derecho caused C$875mn of damage: CatIQ
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Canadian derecho caused C$875mn of damage: CatIQ

Incoming Derecho approaching across the corn fields.  August 2020.

The May derecho storm which hit Quebec and Ontario is the sixth-largest insured loss event in Canadian history, causing over C$875mn ($677mn) of damage, according to initial estimates from Catastrophe Indices and Quantification (CatIQ).

Damage in Ontario is estimated to be worth over C$720mn, and C$155mn in Quebec.

The derecho caused damage to property, extensive power outages and loss of life.

"As

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article