No. My quote was that the cost of theft was $400 million, and now it's $1.2 billion. The cost of theft alone has tripled.
The insurance premiums have not tripled.
On April 18th, 2024. See this statement in context.
On April 18th, 2024. See this statement in context.
Senior Vice-President, Personal Lines, Canadian Operations, Intact Insurance
No. My quote was that the cost of theft was $400 million, and now it's $1.2 billion. The cost of theft alone has tripled.
The insurance premiums have not tripled.
See context to find out what was said next.