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 December 13, 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 December 13, 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: December 13, 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 December 13, 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/