In 2023, severe weather in Canada caused insured losses of approximately 3.1 billion Canadian dollars, making it the fourth-worst year for insured losses on record. The wildfire in Alberta in 2016 ranked first, with insured losses almost reaching six billion Canadian dollars.
Highest insured losses by natural catastrophes in Canada from 1983 to 2023
(in billion Canadian dollars)
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Insurance Bureau of Canada. (January 8, 2024). Highest insured losses by natural catastrophes in Canada from 1983 to 2023 (in billion Canadian dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1400647/top-natural-catastrophes-canada-insured-losses/
Insurance Bureau of Canada. "Highest insured losses by natural catastrophes in Canada from 1983 to 2023 (in billion Canadian dollars)." Chart. January 8, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1400647/top-natural-catastrophes-canada-insured-losses/
Insurance Bureau of Canada. (2024). Highest insured losses by natural catastrophes in Canada from 1983 to 2023 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1400647/top-natural-catastrophes-canada-insured-losses/
Insurance Bureau of Canada. "Highest Insured Losses by Natural Catastrophes in Canada from 1983 to 2023 (in Billion Canadian Dollars)." Statista, Statista Inc., 8 Jan 2024, https://www.statista.com/statistics/1400647/top-natural-catastrophes-canada-insured-losses/
Insurance Bureau of Canada, Highest insured losses by natural catastrophes in Canada from 1983 to 2023 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/1400647/top-natural-catastrophes-canada-insured-losses/ (last visited November 21, 2024)
Highest insured losses by natural catastrophes in Canada from 1983 to 2023 (in billion Canadian dollars) [Graph], Insurance Bureau of Canada, January 8, 2024. [Online]. Available: https://www.statista.com/statistics/1400647/top-natural-catastrophes-canada-insured-losses/