Intact’s cat losses 150% more than projected in Q2

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Intact’s cat losses 150% more than projected in Q2 Jul 10, 2026 Canada-based Intact Financial Corporation reported that it had incurred $416 million in catastrophe and large loss claims in the second ...

Intact’s cat losses 150% more than projected in Q2

Canada-based Intact Financial Corporation reported that it had incurred $416 million in catastrophe and large loss claims in the second quarter of the year, nearly 150% more than the $169 million it had projected, Canadian Underwriter reports, citing The Canadian Press. Weather events drove catastrophe losses in Canada, while commercial fires fueled the losses across the U.K. and Ireland. 

Source: Nils Wright · www.businessinsurance.com

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