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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 November 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 November 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: November 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 November 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/
