Morocco: Govt increases parafiscal solidarity tax rate on insurance policies

Published on October 1, 2025
Morocco is strengthening its protection against natural disasters by increasing the parafiscal solidarity tax levied on insurance contracts.
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CatIQ lifts Ontario & Quebec ice storm loss estimate to CAD 490m

September 30, 2025
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fourth industry loss estimate for the ice storm that affected Ontario and Quebec from March 28 to 31, 2025, raising losses to CAD 490 million.The event involved a prolonged period of wintry precipitation across southern Ontario and Quebec, with parts of the Kawarthas experiencing up to

Tokio Marine GX warns of growing insurance “protection gap” threatening green transition

October 1, 2025
Tokio Marine GX (TMGX), a specialist insurer evolving from renewables underwriter GCube Insurance, has issued a stark warning about a growing “protection gap” in the insurance market that threatens the success of the global green transition.Drawing on more than 25 years of underwriting experience and data, the firm’s latest market insights report highlights how climate-related losses, supply chain