Loss Announcement:

  • 1
  • 2
  • 3
  • 4

Zurich - 27 Jan 2025

CAD 1,233m – CatIQ and PERILS release industry loss update for the Jasper Wildfire complex of July 2024

CatIQ and PERILS have today disclosed their fourth industry loss estimate for the Jasper Wildfire complex of July 2024.

In their fourth loss report, provided in the form of an industry loss footprint at CRESTA zone resolution, CatIQ and PERILS estimate that the event has cost the insurance industry a total of CAD 1,233 million. This industry loss figure is based on detailed loss data collected from affected insurers and covers the property and motor line of business.