It’s official—2024 was by far the most expensive year on record for insured losses in Canada due extreme weather fuelled by climate change.
Losses totalled more than $8.5 billion last year, far above the previous record of $6.2 billion in 2016.
https://www.ibc.ca/news-insights/news/2024-shatters-record-for-costliest-year-for-severe-weather-related-losses-in-canadian-history-at-8-5-billion
Losses totalled more than $8.5 billion last year, far above the previous record of $6.2 billion in 2016.
https://www.ibc.ca/news-insights/news/2024-shatters-record-for-costliest-year-for-severe-weather-related-losses-in-canadian-history-at-8-5-billion
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