Hard market steering Canadian insureds towards parametric programs | Insurance Business Canada Catastrophe & Flood Hard market steering Canadian insureds towards parametric programs Use cases are also expanding across various industries Catastrophe & Flood By Gia Snape and Jen Frost Elevated natural catastrophe activity this year has made property and casualty coverage challenging for Canadian…
The hard market isn’t likely to end soon, and insureds are feeling the sting in the form of higher premiums and fewer coverage options. (Credit: Photocreo Bednarek/Adobe Stock) Errors and omissions (E&O) coverage for insurance agents has always been a high frequency and high severity class of business. But with the current hard market conditions…
Political violence hard market to continue into 2024 | Insurance Business Canada Insurance News Political violence hard market to continue into 2024 Reinsurance costs and Ukraine impact prove drivers Insurance News By Gia Snape Global geopolitical risks, particularly the Ukraine war, and heightened civil unrest and active shooter risks closer to home continue to drive…
