In 2022, net claims incurred by the auto insurance sector in Canada amounted to approximately 16.3 billion Canadian dollars. This was by far the largest share of all Canadian property and casualty claims incurred during that year, at over twice the value of the next-largest insurance line, personal property insurance.
Net claims incurred for property and casualty insurance in Canada in 2020 to 2022, by insurance line
(in billion Canadian dollars)
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Insurance Bureau of Canada. (October 4, 2023). Net claims incurred for property and casualty insurance in Canada in 2020 to 2022, by insurance line (in billion Canadian dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/470891/net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada. "Net claims incurred for property and casualty insurance in Canada in 2020 to 2022, by insurance line (in billion Canadian dollars)." Chart. October 4, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/470891/net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada. (2023). Net claims incurred for property and casualty insurance in Canada in 2020 to 2022, by insurance line (in billion Canadian dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/470891/net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada. "Net Claims Incurred for Property and Casualty Insurance in Canada in 2020 to 2022, by Insurance Line (in Billion Canadian Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/470891/net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada, Net claims incurred for property and casualty insurance in Canada in 2020 to 2022, by insurance line (in billion Canadian dollars) Statista, https://www.statista.com/statistics/470891/net-claims-incurred-property-and-casualty-insurance-canada-by-line/ (last visited December 23, 2024)
Net claims incurred for property and casualty insurance in Canada in 2020 to 2022, by insurance line (in billion Canadian dollars) [Graph], Insurance Bureau of Canada, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/470891/net-claims-incurred-property-and-casualty-insurance-canada-by-line/
