Q Q1-2017: A Soggy Start. Earthquake: Why it s an economic disaster waiting to happen, and what we need to do about it

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Q1- Q1-: A Soggy Start Communities, Governments and Industry... Under Water President Trump s Administration: The Impact on Financial Services and Regulation Earthquake: Why it s an economic disaster waiting to happen, and what we need to do about it Quarterly CatIQ CatReview DBRS Rating Roundup First Quarter Company Results Released June

Keynote Speaker Brett King Founder & CEO of Moven Keynote Speaker Kirstine Stewart Chief Strategy Officer at Diply Connect with us on Twitter: @NICC_Canada Follow the conversation: #NICC YOUR ACCESS TO JUSTICE InsurancePeople

Introduction We are pleased to release the first quarter MSA Quarterly Outlook Report covering the Canadian P&C industry. Our mission of providing Canada s insurance professionals with unwavering, unbiased analysis of this dynamic industry remains steadfast. We welcome your comments and feedback regarding any aspect of these reports. You are invited to send your messages to msaquarterly@msaresearch.com, or contact the undersigned directly. In this issue, you will find: y Q1-: A Soggy Start y Communities, Governments and Industry Under Water y President Trump s Administration: The Impact on Financial Services and Regulation y Earthquake: Why it s an economic disaster waiting to happen, and what we need to do about it y Quarterly CatIQ CatReview y DBRS Ratings Roundup y First Quarter Company Results For Q1 company results please login to MSA s P&C Researcher Software platform at www.msaresearch.com. A DEVIATIONS V E R S E MSA Research Inc. www.msaresearch.com MSA Research Inc. 3

The MSA Quarterly Outlook Report is produced by MSA Research Inc., Canada s leading provider of insurance analytics. Our Readers This report is subscribed to by approximately 1,400 industry professionals including most Canadian insurance/reinsurance executives, commercial brokers, retail brokers, adjusters, regulators, associations, auditors, analysts & TPA s. It is available to association members courtesy of our generous sponsors: Economical Insurance graciously sponsors the report to all member brokers of: All TIC member brokers courtesy of Interested in sponsoring these reports to other associations or industry groups? If so, please contact us. Subscription information can be found on the outside back cover. Sincerely, Joel Baker, President and CEO, MSA Research Inc. and The National Insurance Conference of Canada joel.baker@msaresearch.com by MSA Research Inc. All rights reserved. No part of this report shall be reproduced or redistributed without prior written consent of the copyright holders. Information contained in this report is deemed to be trustworthy; however, MSA Research Inc. does not guarantee its accuracy. No representations or warranties are provided as to the completeness or accuracy of the information presented here. If you are aware of any errors or inaccuracies, you are encouraged to notify any of the contributors so that problems can be rectified. Printed in Canada ISSN 1929-3194 4 MSA Research Inc.

MSA Quarterly Outlook Report Q1 - Abstract

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If you aren`t using MSA`s Researcher software, the information you have access to is a mere... Drop in the Ocean More than 90% of the insurance industry navigates the depths with MSA s powerful analytical platform. Find out what you`re missing by contacting us. For more information or a free demo, contact Tes Fekade tesfaye.fekade@msaresearch.com 416.368.0777 ext. 23 www.msaresearch.com For more information or a free demo, contact Laura Twidle laura.twidle@catiq.com 416.368.0777 ext. 30 www.catiq.com Definitive insurance information for intelligent business decisions. www.msaresearch.com

PRICE LIST All prices in Canadian dollars. Prices subject to tax where applicable. MSA Quarterly Outlook Report (annual subscription) Canadian insurers and groups with over $1billion in NPW (30 Copies)............. $1,500 Canadian insurers and groups with $750 million-$1b in NPW (15 Copies).......... $1,000 Canadian insurers and groups with $500 million-$750m in NPW (5 Copies).......... $599 All others (5 copies).................................................................... $599 All others (1 copy)...................................................................... $299 Additional copies (same location)..................................................... $150 ea. Included as part of the MSA Researcher P&C Corporate Site License Clients (30 copies) SOFTWARE MSA Researcher P&C Software - includes: MSA Report (1 copy) MSA Benchmark Report (1 copy) MSA Marketshare Report (1 copy) For software pricing information....................... Call MSA Researcher P&C Corporate Site License - includes: MSA Report (10 copies) MSA Benchmark Report (10 copies) MSA Marketshare Report (2 copies) MSA Quarterly Outlook Report annual subscription (30 copies) For corporate site license pricing information.......... Call BOOKS MSA Report First copy................................... $549 Additional copies...........................$249 ea. Included in the MSA Researcher P&C Software Package MSA Market Share Report First copy................................... $429 Additional copies........................... $249 ea. Included in the MSA Researcher P&C Software Package MSA Benchmark Report First copy....................................$349 Additional copies........................... $249 ea. Included in the MSA Researcher P&C Software Package MSA Report Suite (MSA Report, MSA Benchmark Report, MSA Market Share Report) First suite........................ $999 Additional suites................ $499 ea. *Save more than $325 compared to individual pricing Get your hands on MSA products by ordering online: store.msaresearch.com Or give us a call: 416-368-0777 x23 Definitive insurance information for intelligent business decisions.