CatIQ estimates C$991mn in insured losses from July 2024 Ontario flash flooding

By Mia Macgregor

Published: Fri 17 Jan 2025

Toronto-based Catastrophe Indices and Quantification (CatIQ) has released its fourth industry loss estimate for the 15-16 July 2024 flash flooding in southern Ontario, pegging the insured market loss at C$991mn.