Catastrophe & Flood

Party like it’s 1999 - but expect global hail bills to be a lot bigger

Party like it’s 1999 - but expect global hail bills to be a lot bigger

In 1999, when the world was dancing to Prince and worrying about the Millennium Bug, a hailstorm that year rewrote the template

Daniel Wood May 28, 2026
Canadians dangerously underprepared for climate disasters at home, restoration exec warns

Canadians dangerously underprepared for climate disasters at home, restoration exec warns

First Onsite's Jacob Reynolds says most Canadians dismiss certain risks entirely – assuming their neighbourhood doesn't flood – right up until the moment it does

AI-powered catastrophe assessment tools would get a human analyst fired

AI-powered catastrophe assessment tools would get a human analyst fired

MIS's David Heathcote says AI tools assessed a sporting diamond as destroyed during recent wildfires – and an analyst wrong 20% of the time would be fired on the spot

El Niño expected to weaken hurricane activity in 2026

El Niño expected to weaken hurricane activity in 2026

NOAA predicts below-average Atlantic hurricane season despite ongoing storm risks

Canadians fear severe weather, but few act, leaving homes exposed, Desjardins VP says

Canadians fear severe weather, but few act, leaving homes exposed, Desjardins VP says

Desjardins' Jocelyn Laflamme says cost and lack of clear guidance are keeping most Canadians from acting on severe weather concerns despite widespread awareness

From Jasper fires to Hurricane Debby: climate shocks reshape Canada's P&C market

From Jasper fires to Hurricane Debby: climate shocks reshape Canada's P&C market

The year 2025 brought another historic wildfire period, forcing carriers and corporate risk managers to rethink pricing, capacity and long-term investment decisions

InsureMyTrip urges travelers to buy coverage early ahead of hurricane season

InsureMyTrip urges travelers to buy coverage early ahead of hurricane season

Travel insurer says policies purchased after storms are named may not cover hurricane-related losses as catastrophe risks continue to rise

Canada's claims environment is getting harder to manage and MGAs cannot afford to be unprepared

Canada's claims environment is getting harder to manage and MGAs cannot afford to be unprepared

CAT events are clustering, policyholders know their rights, and restoration costs are rising – experts say preparation is the only answer

Insurance Bureau of Canada calls for stronger flood preparedness amid rising risks

Insurance Bureau of Canada calls for stronger flood preparedness amid rising risks

IBC says flooding is becoming more severe and costly across Canada

IB TALK

Canadian businesses know their nat cat exposure – they just don't know what it means

BFL Canada's Hector Plascencia says the gap between identifying a risk and actually understanding its business impact is where most organizations fall short

Global turbulence is reshaping climate risk for Canadian businesses

Aon’s Daniel Ocampo explains how sustainability, global risks and energy transition are reshaping insurance capacity, pricing and strategy for Canadian businesses today

In 2026, SMEs face evolving risks and opportunities and need the right broker to navigate them

WTW's Grant Williamson shares key insights for SMEs on managing cyber, supply chain and emerging risks

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