Intact's North American profits squeezed by storm losses as home cover takes the brunt

The Canadian insurer’s US combined ratio held at 85.2% but group earnings fell sharply after a quarter of floods, wildfires and convective storms

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.