Toronto flooding in July inflicts C$940mn insurance loss: CatIQ

Data shows that nat cat losses in Canada have increased substantially this century.

August 20, 2024

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Intense flash flooding in Toronto and other areas of Ontario during July has resulted in an estimated insurance loss of C$940mn ($690mn), according to data firm CatIQ.

CatIQ

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Toronto flooding in July inflicts C$940mn insurance loss: CatIQ

Data shows that nat cat losses in Canada have increased substantially this century.

Fuel a smarter strategy with our actionable market intelligence

Topics

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Toronto flooding in July inflicts C$940mn insurance loss: CatIQ

Data shows that nat cat losses in Canada have increased substantially this century.

Log in to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

Allstate posts March cat loss of $1.04bn net of reinsurance recoveries

Q1 insured cat losses of $53bn driven by CA wildfires: Aon

PCS lifts Palisades and Eaton wildfires loss estimate by 5.3% to $35.7bn

Wildfire losses increasing but small compared with hurricanes, SCS: KCC

USAA’s cat bonds ResRe 2021-11 and 2022-11 near an implied full loss