Highest insured losses by natural catastrophes in Canada 1983-2022

Published by
Erick Burgueño Salas,
Jul 21, 2023
In 2022, severe weather in Canada caused insured losses of approximately 3.1 billion Canadian dollars, ranking it as the third 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 2022 (in billion Canadian dollars)

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Sources

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Release date

January 2023

Region

Canada

Survey time period

1983 to 2022

Supplementary notes

From 1983 to 2007 IBC used the following sources: PCS Canada, Swiss Re, and Deloitte.
From 2008 to 2022 IBC used CatIQ as source.

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