Intact Financial attributes half of $252 million in catastrophe losses in Canada to wildfires

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Intact Financial attributes half of $252 million in catastrophe losses in Canada to wildfires
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Insurer Intact Financial attributed nearly half of is catastrophe losses in Canada to wildfires, the biggest impact coming from Atlantic Canada. Read on.

Flames from the Donnie Creek wildfire burn along a ridge top north of Fort St. John, B.C., July 2, 2023.TORONTO — Intact Financial Corp. estimates its catastrophe losses for the second quarter were around $421 million on a pre-tax basis.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.

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