In 2022, the net claims incurred by liability insurance in Canada amounted to 2.64 billion Canadian dollars - almost 1.7 billion Canadian dollars lower than the net claims incurred in 2021. For comparison, around 0.89 billion Canadian dollars of liability insurance claims were incurred in 1990.
Net claims incurred by liability 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 liability insurance in Canada from 1990 to 2022 (in billion Canadian dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/470887/net-claims-incurred-liability-insurance-canada/
Insurance Bureau of Canada. "Net claims incurred by liability insurance in Canada from 1990 to 2022 (in billion Canadian dollars)." Chart. October 4, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/470887/net-claims-incurred-liability-insurance-canada/
Insurance Bureau of Canada. (2023). Net claims incurred by liability insurance in Canada from 1990 to 2022 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/470887/net-claims-incurred-liability-insurance-canada/
Insurance Bureau of Canada. "Net Claims Incurred by Liability Insurance in Canada from 1990 to 2022 (in Billion Canadian Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/470887/net-claims-incurred-liability-insurance-canada/
Insurance Bureau of Canada, Net claims incurred by liability insurance in Canada from 1990 to 2022 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/470887/net-claims-incurred-liability-insurance-canada/ (last visited December 21, 2024)
Net claims incurred by liability 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/470887/net-claims-incurred-liability-insurance-canada/