In 2022, the net claims incurred by property and casualty insurance in Canada amounted to approximately 35.1 billion Canadian dollars. This is an increase of around 1.4 billion Canadian dollars compared to the previous year, and over three times higher than the 10.23 billion Canadian dollars of net claim incurred in 1990.
Net claims incurred by property and casualty (P/C) insurance in Canada from 1990 to 2022
(in billion Canadian dollars)
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Insurance Bureau of Canada. (October 4, 2023). Net claims incurred by property and casualty (P/C) insurance in Canada from 1990 to 2022 (in billion Canadian dollars) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/470861/net-claims-incurred-property-casualty-insurance-canada/
Insurance Bureau of Canada. "Net claims incurred by property and casualty (P/C) insurance in Canada from 1990 to 2022 (in billion Canadian dollars)." Chart. October 4, 2023. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/470861/net-claims-incurred-property-casualty-insurance-canada/
Insurance Bureau of Canada. (2023). Net claims incurred by property and casualty (P/C) insurance in Canada from 1990 to 2022 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/470861/net-claims-incurred-property-casualty-insurance-canada/
Insurance Bureau of Canada. "Net Claims Incurred by Property and Casualty (P/C) Insurance in Canada from 1990 to 2022 (in Billion Canadian Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/470861/net-claims-incurred-property-casualty-insurance-canada/
Insurance Bureau of Canada, Net claims incurred by property and casualty (P/C) insurance in Canada from 1990 to 2022 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/470861/net-claims-incurred-property-casualty-insurance-canada/ (last visited October 30, 2024)
Net claims incurred by property and casualty (P/C) insurance in Canada from 1990 to 2022 (in billion Canadian dollars) [Graph], Insurance Bureau of Canada, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/470861/net-claims-incurred-property-casualty-insurance-canada/
