Combined ratio of property and casualty insurers in Canada 1990-2019
The combined ratio of property and casualty (P/C) insurers in Canada generally decreased from 1990 to 2019, albeit with fluctuation. In 2019, the combined ratio of Canadian P/C insurers was 98 percent - down slightly from 98.6 percent the previous year. The combined ratio of P/C insurers stood at 11 percent in 2004 and again in 2007 - the lowest points reached during the period under observation.