News & Reports
Addressing protection gaps for a better tomorrow
Insurers play a vital role in helping to protect people and businesses from the risks they face, and to recover when those risks materialize. However, a range of factors have led to growing protection gaps that could have profound impacts on the well-being and economic prosperity of Canadians. Closing these gaps will require action from policymakers to create environments in which risks can more effectively be managed and mitigated
Commercial Insurance National Quarterly Report – Winter 2023
A highly inflationary environment continues to affect the transitioning commercial insurance market, with modest premium pressures across most products and risk types. Despite improved insurer performance, the mobilization of new capacity and fierce competition, overall premiums increased due to growth in exposures and inflation.
National Commercial Insurance Progress Report – 2023
The National Commercial Insurance Task Force was created to address consumer concerns about the availability and affordability of commercial insurance.
Commercial Insurance National Quarterly Report – Fall 2022
A highly inflationary environment continues to affect the transitioning commercial insurance market, with modest premium pressures across most products and risk types. Despite improved insurer performance, the mobilization of new capacity and fierce competition, overall premiums increased due to growth in exposures and inflation.
State of the Canadian Commercial Property & Casualty Insurance Market 2022
August 11, 2022 - An Update on the Pressures Facing the Canadian Commercial Insurance Market
Commercial Insurance National Quarterly Report – Summer 2022
In this challenging market cycle, it is critical that the insurance company you are working with accurately and completely understands your organization or business, your exact exposures to risk and how you manage these exposures via various loss control procedures.
Commercial Insurance National Quarterly Report – Spring 2022
Inflation, supply chain disruptions, and geopolitical instability are coming together and have adversely impacted market conditions for commercial insurance in the first quarter of 2022. However, premiums appear to be stabilizing, and new capacity is returning to the Canadian market.
Commercial Insurance National Quarterly Report – Winter 2021
We continue to see signs of hard market conditions as we enter 2022; however, premium increases continue to stabilize and new capacity is entering the Canadian market.
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