Understand the future of home insurance affordability in Canada
Toronto, ON (Apr. 16, 2025) – The Insurance Institute is pleased to announce the release of the latest publication in its Emerging Issues research report series, Home Insurance Affordability: Implications for the Insurance Industry in Canada.
The report, written by Paul Kovacs, Senior Researcher at the Insurance Institute, examines the factors influencing the affordability, adequacy, and availability of home insurance, with a focus on rising losses from flooding, wildfire, and storms.
The report will help industry professionals:
- Understand trends affecting home insurance affordability
- Examine the impact of severe weather losses
- Assess risks to coverage and market stability
- Explore the role of disaster risk reduction
As climate-related losses and claims costs continue to rise, pressures on homeowners and insurers are expected to intensify.
Download the report to explore the forces shaping home insurance affordability in Canada.
About the Insurance Institute of Canada
The IIC is the premier professional education body for the property and casualty insurance industry. Its membership of more than 41,000 includes over 18,000 active students in its formal programs. The Institute is also the parent organization of the Chartered Insurance Professionals’ Society, which serves the needs of more than 18,000 graduate Chartered Insurance Professionals (CIP®) and Fellow Chartered Insurance Professionals (FCIP®). For more information, please visit www.insuranceinstitute.ca.
Source: Insurance Institute of Canada (IIC)
Tags: home insurance, Insurance Institute of Canada (IIC)
