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January 14, 2025 11:16 AM (EST)

2024 Catastrophe Losses of $5.89 Billion Shatter Record in Canada, Says IBC and CatIQ

Record-shattering insured Canadian catastrophe losses of C$8.5 billion ($5.89 billion) nearly tripled last year from the prior year and were 12 times the C$701 million average recorded annually . . .

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