Managing director Carolyn Rennie of CatIQ said the commercial claims would also cover business interruptions. Financial analysts estimate that as much as 30 million barrels of oilsands production worth $1.6 billion was lost as producers were forced to shut down or curtail operations, although the fi
Date: Jul 07, 2016
Source: Google
A whopping $3.58 billion: Fort McMurray fires was the costliest event ever for Canadian insurers
The majority, 62 per cent, of the insured damages covered personal property, said Carolyn Rennie, managing director of Toronto-based Catastrophe Indices and Quantification Inc., which compiled the estimate. A further 33 per cent of insured damages were for commercial property and 5 per cent of the c
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