
CatIQ raises Ontario & Quebec thunderstorm insured market loss estimate 17.5% to C$439m
Aug 18th, 2026 • 5 min • View Source
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. CatIQ, Canada’s insured loss and exposure index provider, has raised its insurance industry loss estimate from the severe thunderstorm event that affected parts of southern Ontario and southern Quebec, between June 30th and July 3rd, 2026, to CAD $439 million, a 17.5% increase from the firm’s initial loss estimate of $374 million. A series of […] CatIQ raises Ontario & Quebec thunderstorm insured market loss estimate 17.5% to C$439m was published by: www.Artemis.bm catastrophe bond deal directory our free weekly email newsletter here.
Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.
Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.
