Developer docs
API playgroundTry for free, no card

Search company profiles

CatIQ

Full company profile

uuid000fly6

Namestring
CatIQ
Legal namestring
Catastrophe Indices and Quantification Inc.
Websiteurl
catiq.com
Company typeenum
Private
Founded yearint
2014
Short descriptiontext

CatIQ is a Toronto-based B2B data provider delivering insured loss and exposure indices plus meteorological information on Canadian natural and man-made catastrophes to the insurance, reinsurance, and ILS industries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
catastrophe loss indices, insurance exposure data, reinsurance analytics, natural catastrophe data, industry loss estimates
Industry1 code
1Catastrophe Risk Modeling & Analytics Services
CodeFSAOACALPrimaryYes
SIC code1 code
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Catastrophe Insurance Analytics
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Subscription-Based Data Services
TypeSubscription Recurring
Description

Online subscription-based platform providing access to insured loss and exposure indices, meteorological data, and analytical reports for insurance and reinsurance industries. The majority of primary insurers in Canada participate with CatIQ.

public.catiq.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Technology or R&D, Operations, Marketing or Sales
Pricing details1 tier
1Enterprise subscription access to CatIQ platform
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based / Not publicly disclosed

public.catiq.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 2 records shown
1CatHUB
Description

Trademarked brand name for CatIQ platform

public.catiq.com
+1 more record
Core offering1 text field

CatIQ delivers an online subscription-based data platform that provides comprehensive insured loss and exposure indices along with detailed analytical and meteorological information on Canadian natural and human-made catastrophes. The offering includes an annual Industry Exposure Database, a historical catastrophe loss database covering 43 years of Canadian events, and event-specific industry loss estimates tailored for the insurance, reinsurance, and insurance-linked securities industries.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Provides loss estimates for Canadian catastrophes including $2.4B insured loss total for 2025 and $466M for Ontario/Quebec ice storm
Product overview1 text field

CatIQ is a data and analytics company offering a suite of catastrophe risk information products and services for the Canadian insurance and reinsurance markets. The core product is the CatIQ Subscription Platform, an online application combining comprehensive insured loss and exposure indices with detailed meteorological information. Supporting modules include the Industry Exposure Database (IED), which provides annual industry property sums insured data by geographic zone, peril, and line of business, and the Canadian Catastrophe Loss Database, which contains granular loss information. Additional offerings include CatHUB for data access management for weather monitoring. CatIQ also hosts CatIQ Connect, Canada's Catastrophe Conference, held annually in Toronto in partnership with MSA Research.

Product and service4 records
1CatIQ Subscription Platform
CategoryCatastrophe Data and Analytics Platform
Description

Online subscription-based platform combining comprehensive insured loss and exposure indices, meteorological information, and analytical reports on Canadian natural and human-made catastrophes, serving insurance, reinsurance, and ILS industries, plus public sector stakeholders.

2Industry Exposure Database (IED)
CategoryCatastrophe Exposure Database
Description

Annual database providing industry property sums insured, number of risks, and prevailing original insurance conditions by CRESTA zone, peril, line of business, and cover type, based on detailed exposure submissions from the majority of the Canadian insurance market.

3Canadian Catastrophe Loss Database
CategoryHistorical Loss Database
Description

Database containing event loss information and detailed analytical estimates of insured losses for Canadian catastrophe events, with 43 years of historical coverage used for benchmarking, research, and risk modelling.

4CatHUB
Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

CatIQ partners with MSA Research to host CatIQ Connect, Canada's Catastrophe Conference. MSA Research administers the conference in partnership with CatIQ, providing event management and coordination services.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

ICLR serves as a key collaborator in CatIQ's mission to reduce loss of life and property from catastrophes. ICLR provides disaster resilience knowledge that complements CatIQ's loss data.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Gold Level Sponsor of CatIQ Connect 2026 conference. Aon's Impact Forecasting team participated in the 'Sharper Models for Sharper Risks' panel.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Silver Level Sponsor of CatIQ Connect. Munich Re representatives participate in conference sessions and steering committee.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Silver Level Sponsor of CatIQ Connect conference.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Silver Level Sponsor of CatIQ Connect conference.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Silver Level Sponsor of CatIQ Connect conference.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Silver Level Sponsor of CatIQ Connect.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Gold Level Sponsor of CatIQ Connect.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Acquired AIR Worldwide to provide industry-standard catastrophe risk modeling and exposure data globally to insurers, reinsurers, and ILS markets. Comparable as a catastrophe data/modeling provider serving the same insurance value chain as CatIQ, but with broader peril and geographic coverage as part of a much larger data analytics platform.

TypeBroad incumbent
Description

Global insurance broker whose Impact Forecasting unit develops catastrophe risk models and publishes loss estimates for the industry — participating in panels at CatIQ Connect. Overlaps with CatIQ in producing catastrophe risk analytics for the same insurance/reinsurance customer base.

TypeDirect peer
Description

Independent catastrophe modeling firm providing real-time industry loss estimates, catastrophe risk analytics, and consulting to insurers and reinsurers. Highly comparable to CatIQ in producing authoritative catastrophe loss estimates used by industry capital providers.

TypeEmerging player
Description

Emerging climate risk analytics firm producing physical and transition climate risk scores for financial and corporate customers. More nascent than CatIQ and focused on forward-looking climate scenario analytics, but adjacent in delivering catastrophe/climate risk data to similar insurance/financial buyers.

TypeBroad incumbent
Description

Global reinsurance intermediary with proprietary catastrophe modeling capabilities used in structuring reinsurance and ILS placements. A CatIQ Connect sponsor and customer counterpart — relies on industry-wide cat data similar to CatIQ's output to advise on capital deployment.

TypeBroad incumbent
Description

Global reinsurer that operates NatCatSERVICE, one of the world's most comprehensive natural catastrophe databases, and publishes annual loss reviews comparable to CatIQ's annual Canadian industry loss totals. Serves similar insurance/reinsurance decision-making workflows.

TypeBroad incumbent
Description

Provides catastrophe risk modeling solutions to insurers, reinsurers, and financial institutions globally. Solves the same underlying problem as CatIQ — quantifying catastrophe loss — at much larger scale and across multiple perils/regions, but from a software-modeling rather than post-event industry index angle.

TypeBroad incumbent
Description

Large property data and analytics vendor providing parcel-level property data, catastrophe risk scores, and loss analytics to insurers. Comparable to CatIQ as a property-focused catastrophe and exposure data provider serving P&C insurance underwriting.

TypeDirect peer
Description

CatIQ's Zurich-based parent company, which produces industry-wide catastrophe exposure and loss indices for Europe, the Middle East, and Asia using the same globally recognized methodology CatIQ uses in Canada. Effectively CatIQ's sister entity and the closest direct peer — same product, different geography.

10Swiss Re Institute
TypeBroad incumbent
Description

Global reinsurer producing sigma catastrophe loss reports and proprietary cat risk analytics used across the (re)insurance industry. Highly comparable data-product positioning to CatIQ but at a global rather than Canadian level.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

CatIQ

Catastrophe Insurance Analyticscatiq.com

CatIQ is a Toronto-based B2B data provider delivering insured loss and exposure indices plus meteorological information on Canadian natural and man-made catastrophes to the insurance, reinsurance, and ILS industries.

CatIQ firmographics

Firmographics
Name
CatIQ
Legal name
Catastrophe Indices and Quantification Inc.
Website
https://catiq.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
1–10 employees
Short description
CatIQ is a Toronto-based B2B data provider delivering insured loss and exposure indices plus meteorological information on Canadian natural and man-made catastrophes to the insurance, reinsurance, and ILS industries.
Ownership category
akta.pro rank

CatIQ industry classification

Industry
Product category
Catastrophe Insurance Analytics
SIC
Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
Catastrophe Risk Modeling & Analytics Services (FSAOACAL)

Keywords

  • Catastrophe loss indices
  • Insurance exposure data
  • Reinsurance analytics
  • Natural catastrophe data
  • Industry loss estimates

Where CatIQ is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Offices2 records

Markets served

CatIQ business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

  1. Subscription-Based Data Services: Online subscription-based platform providing access to insured loss and exposure indices, meteorological data, and analytical reports for insurance and reinsurance industries. The majority of primary insurers in Canada participate with CatIQ.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise subscription access to CatIQ platform

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

CatIQ product offering

Product offering

Core offering

CatIQ delivers an online subscription-based data platform that provides comprehensive insured loss and exposure indices along with detailed analytical and meteorological information on Canadian natural and human-made catastrophes. The offering includes an annual Industry Exposure Database, a historical catastrophe loss database covering 43 years of Canadian events, and event-specific industry loss estimates tailored for the insurance, reinsurance, and insurance-linked securities industries.

Product overview

CatIQ is a data and analytics company offering a suite of catastrophe risk information products and services for the Canadian insurance and reinsurance markets. The core product is the CatIQ Subscription Platform, an online application combining comprehensive insured loss and exposure indices with detailed meteorological information. Supporting modules include the Industry Exposure Database (IED), which provides annual industry property sums insured data by geographic zone, peril, and line of business, and the Canadian Catastrophe Loss Database, which contains granular loss information. Additional offerings include CatHUB for data access management for weather monitoring. CatIQ also hosts CatIQ Connect, Canada's Catastrophe Conference, held annually in Toronto in partnership with MSA Research.

Differentiator

Problem solved

Functional benefit

Brands

  • CatHUB: Trademarked brand name for CatIQ platform
  • WxWATCH

Products and services

  • CatIQ Subscription Platform Online subscription-based platform combining comprehensive insured loss and exposure indices, meteorological information, and analytical reports on Canadian natural and human-made catastrophes, serving insurance, reinsurance, and ILS industries, plus public sector stakeholders.
  • Industry Exposure Database (IED) Annual database providing industry property sums insured, number of risks, and prevailing original insurance conditions by CRESTA zone, peril, line of business, and cover type, based on detailed exposure submissions from the majority of the Canadian insurance market.
  • Canadian Catastrophe Loss Database Database containing event loss information and detailed analytical estimates of insured losses for Canadian catastrophe events, with 43 years of historical coverage used for benchmarking, research, and risk modelling.
  • CatHUB

Quantifiable outcome

  • Provides loss estimates for Canadian catastrophes including $2.4B insured loss total for 2025 and $466M for Ontario/Quebec ice storm

Companies that use CatIQ

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles3 records

CatIQ technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

CatIQ partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core and minor.

  • MSA ResearchcoreStrategic or Co-development PartnerCatIQ partners with MSA Research to host CatIQ Connect, Canada's Catastrophe Conference. MSA Research administers the conference in partnership with CatIQ, providing event management and coordination services.
  • Institute for Catastrophic Loss Reduction (ICLR)minorStrategic or Co-development PartnerICLR serves as a key collaborator in CatIQ's mission to reduce loss of life and property from catastrophes. ICLR provides disaster resilience knowledge that complements CatIQ's loss data.
  • AonminorGTM or Marketing PartnerGold Level Sponsor of CatIQ Connect 2026 conference. Aon's Impact Forecasting team participated in the 'Sharper Models for Sharper Risks' panel.
  • Munich ReminorGTM or Marketing PartnerSilver Level Sponsor of CatIQ Connect. Munich Re representatives participate in conference sessions and steering committee.
  • Swiss ReminorGTM or Marketing PartnerSilver Level Sponsor of CatIQ Connect conference.
  • Guy CarpenterminorGTM or Marketing PartnerSilver Level Sponsor of CatIQ Connect conference.
  • CRU GroupminorGTM or Marketing PartnerSilver Level Sponsor of CatIQ Connect conference.
  • AccentureminorGTM or Marketing PartnerSilver Level Sponsor of CatIQ Connect.
  • GEOsminorGTM or Marketing PartnerGold Level Sponsor of CatIQ Connect.

Scale indicators9 records

Recent moves7 records

Expansion highlights4 records

CatIQ competitors and assessment

Company assessment

Broad incumbents

  • Verisk (AIR Worldwide): Acquired AIR Worldwide to provide industry-standard catastrophe risk modeling and exposure data globally to insurers, reinsurers, and ILS markets. Comparable as a catastrophe data/modeling provider serving the same insurance value chain as CatIQ, but with broader peril and geographic coverage as part of a much larger data analytics platform.
  • Aon (Impact Forecasting): Global insurance broker whose Impact Forecasting unit develops catastrophe risk models and publishes loss estimates for the industry — participating in panels at CatIQ Connect. Overlaps with CatIQ in producing catastrophe risk analytics for the same insurance/reinsurance customer base.
  • Guy Carpenter: Global reinsurance intermediary with proprietary catastrophe modeling capabilities used in structuring reinsurance and ILS placements. A CatIQ Connect sponsor and customer counterpart — relies on industry-wide cat data similar to CatIQ's output to advise on capital deployment.
  • Munich Re NatCatSERVICE: Global reinsurer that operates NatCatSERVICE, one of the world's most comprehensive natural catastrophe databases, and publishes annual loss reviews comparable to CatIQ's annual Canadian industry loss totals. Serves similar insurance/reinsurance decision-making workflows.
  • RMS (Moody's): Provides catastrophe risk modeling solutions to insurers, reinsurers, and financial institutions globally. Solves the same underlying problem as CatIQ — quantifying catastrophe loss — at much larger scale and across multiple perils/regions, but from a software-modeling rather than post-event industry index angle.
  • CoreLogic: Large property data and analytics vendor providing parcel-level property data, catastrophe risk scores, and loss analytics to insurers. Comparable to CatIQ as a property-focused catastrophe and exposure data provider serving P&C insurance underwriting.
  • Swiss Re Institute: Global reinsurer producing sigma catastrophe loss reports and proprietary cat risk analytics used across the (re)insurance industry. Highly comparable data-product positioning to CatIQ but at a global rather than Canadian level.

Direct peers

  • Karen Clark & Company: Independent catastrophe modeling firm providing real-time industry loss estimates, catastrophe risk analytics, and consulting to insurers and reinsurers. Highly comparable to CatIQ in producing authoritative catastrophe loss estimates used by industry capital providers.
  • PERILS AG: CatIQ's Zurich-based parent company, which produces industry-wide catastrophe exposure and loss indices for Europe, the Middle East, and Asia using the same globally recognized methodology CatIQ uses in Canada. Effectively CatIQ's sister entity and the closest direct peer — same product, different geography.

Emerging players

  • Climate X: Emerging climate risk analytics firm producing physical and transition climate risk scores for financial and corporate customers. More nascent than CatIQ and focused on forward-looking climate scenario analytics, but adjacent in delivering catastrophe/climate risk data to similar insurance/financial buyers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

CatIQ social profiles

Digital presence

CatIQ financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CatIQ leadership team

Management profile

Number of profiles

Profiles2 records

CatIQ funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

CatIQ M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CatIQ

What does CatIQ do?

CatIQ delivers an online subscription-based data platform that provides comprehensive insured loss and exposure indices along with detailed analytical and meteorological information on Canadian natural and human-made catastrophes. The offering includes an annual Industry Exposure Database, a historical catastrophe loss database covering 43 years of Canadian events, and event-specific industry loss estimates tailored for the insurance, reinsurance, and insurance-linked securities industries.

Is CatIQ a public or private company?

CatIQ is a private company. It is classified as corporate owned and is currently operating.

When was CatIQ founded?

CatIQ was founded in 2014. It employs 1 to 10 people.

Where is CatIQ based?

CatIQ is headquartered in Toronto, Canada, in the North America region.

How does CatIQ make money?

One revenue line is on record: subscription-Based Data Services.

Who are CatIQ's main competitors?

Broad incumbents on record are Verisk (AIR Worldwide), Aon (Impact Forecasting), Guy Carpenter, Munich Re NatCatSERVICE, RMS (Moody's), CoreLogic and Swiss Re Institute. Direct peers are Karen Clark & Company and PERILS AG. Climate X is listed as an emerging player.

Does CatIQ have an API?

No public API is recorded for CatIQ.

What industry is CatIQ in?

CatIQ's product category is Catastrophe Insurance Analytics. Its primary akta.pro industry code is FSAOACAL, Catastrophe Risk Modeling & Analytics Services. Its SIC code is 7370.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
ReinsuranceNe.wsCatIQ estimates CAD 563m loss from severe storm outbreak in southern OntarioCatIQ estimated insured losses from the September 2-3, 2026 severe storm outbreak in southern Ontario at CAD 563 million, covering property and vehicle claims. The storm brought large hail, damaging winds, and flash flooding, with Toronto among the hardest-hit areas. The estimate is preliminary and subject to further adjustment as claims are processed.Artemis.bmSouthern Ontario severe storm outbreak industry loss initially estimated C$563m by CatIQCatIQ estimated an initial insurance industry loss of C$563 million for the September 2-3 severe storm outbreak in Southern Ontario, covering property and vehicle claims. The storm brought large hail, wind gusts, and torrential rain, with Toronto among the hardest-hit. The estimate may increase as claims are processed.Artemis.bmCatIQ lifts Ontario & Quebec thunderstorm insured market loss estimate 12% to C$491mCatIQ raised its insured loss estimate for the June 30–July 3, 2026 thunderstorm in southern Ontario and Quebec to C$491 million, a 12% increase from C$439 million. The rise is driven by residential claims, with over 45% of personal lines loss from two Nepean FSAs. An updated estimate is due January 5, 2027.Artemis.bmCatIQ raises Montreal West Island flooding insured loss estimate to C$442mCatIQ raised its insured loss estimate for the June 2026 Montreal West Island flooding to C$442 million, a 7.5% increase from its August estimate of C$411 million. The third update cites growth in residential and commercial property lines, with a fourth update scheduled for December 22, 2026.Artemis.bmCatIQ raises Saskatchewan & Manitoba severe storm outbreak loss estimate to C$923mCatIQ raised its insurance industry loss estimate for the June 9-10 severe storm outbreak in Saskatchewan and Manitoba to C$923 million, an 8.5% increase from its July estimate of C$850 million. The company will publish a fourth update on December 10, 2026, six months after the event.ReinsuranceNe.wsIndustry loss estimate for Saskatchewan and Manitoba severe weather reaches CAD 923m: CatIQCatIQ revised its industry loss estimate for the June 9-10 severe storm outbreak in Saskatchewan and Manitoba to CAD 923 million, up from CAD 850 million. The increase is driven by commercial property losses, and a fourth market loss assessment will be released on December 10, 2026.Artemis.bmCatIQ raises Ontario & Quebec thunderstorm insured market loss estimate 17.5% to C$439mCatIQ has raised its insured loss estimate for severe thunderstorms in southern Ontario and Quebec to C$439 million, a 17.5% increase from the initial projection of $374 million. The revised figure reflects continued claims filing following weather events between June 30th and July 3rd, 2026, which included flash flooding, hail, and tornadoes.ReinsuranceNe.wsCatIQ lifts insured loss estimate for Ontario-Quebec storms to CAD 439mCatIQ, a subsidiary of PERILS, raised its insured loss estimate for severe thunderstorms in southern Ontario and Quebec to CAD 439 million, up from an initial CAD 374 million. The revision is primarily attributed to increased losses in commercial lines covering property and vehicle claims. This update follows eleven storm-related catastrophes declared in Canada since June 2026.Artemis.bmCatIQ finalises loss estimate for Hurricane Debby floods in Ontario & Quebec at C$2.80bnCatIQ has published its final insurance industry loss estimate of CAD 2.80 billion for the flooding caused by Hurricane Debby in Ontario and Quebec in August 2024. This stable figure is slightly lower than previous estimates but remains an increase from earlier assessments, covering both property and vehicle claims. The report notes that personal property claims are over 99 percent closed, highlighting the scale of 2024 as a record-breaking year for catastrophe losses.Artemis.bmCatIQ finalises industry loss estimate for 2024 Calgary hailstorm at C$3.34bnCatIQ has published its final insurance industry loss estimate of CAD $3.34 billion for the severe hailstorm that struck Calgary, Alberta on August 5, 2024, representing a slight increase from the one-year post-event estimate of $3.29 billion issued in August 2025. The firm confirmed that more than 95 percent of reported claims from the 2024 event are now estimated to have been resolved, up from 86 percent at the one-year mark, despite handling nearly twice the claim volume of the previous largest Canadian hail event in 2020. CatIQ also published initial loss estimates for two separate 2026 weather events: $374 million for the June 30–July 3, 2026 thunderstorm in southern Ontario and Quebec, and $411 million for the June 20–21, 2026 flooding in Montreal and surrounding areas.