Fundamental, Research

Insurance Implications from the Canadian Wildfires

Catherine A. Seifert, VP of Equity Research
12 June 2023

Summary

Insured losses from the wildfires burning in manyprovinces in Canada will likely be manageable,especially for U.S.-based insurers. However, the increasing frequency and severity of these fireswill likely accelerate insurers’ curtailment ofunderwriting activity already underway in fire-prone areas.


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