CatIQ reduces 2024 Ontario flash flooding loss estimate by 9% to CAD 899m

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Reinsurance News - Jul 16, 2025

CatIQ, a Toronto-based independent catastrophe insurance data provider and a subsidiary of PERILS, has released its fifth industry loss estimate for the flash flooding that impacted southern Ontario on 15th and 16th July 2024, estimating CAD 899 million. As a reminder, in July 2024, southern Ontario...

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