Extreme weather events cost $3.5 billion in insured losses as hailstorms lashed Australia in 2025, more than five times higher than the previous year.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.

TORONTO — The Insurance Bureau of Canada says insured damages caused by severe weather last year topped $2.4 billion.