In 2022, the net claims incurred by commercial property insurance in Canada amounted to approximately 5.7 billion Canadian dollars. This is around one billion Canadian dollars higher than the net commercial property claims incurred in 2021. In contrast, in 1990, there was 1.3 billion Canadian dollars of net claims incurred.
Net claims incurred by commercial property insurance in Canada from 1990 to 2022
(in billion Canadian dollars)
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Insurance Bureau of Canada. (October 4, 2023). Net claims incurred by commercial property insurance in Canada from 1990 to 2022 (in billion Canadian dollars) [Graph]. In Statista. Retrieved December 05, 2024, from https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/
Insurance Bureau of Canada. "Net claims incurred by commercial property insurance in Canada from 1990 to 2022 (in billion Canadian dollars)." Chart. October 4, 2023. Statista. Accessed December 05, 2024. https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/
Insurance Bureau of Canada. (2023). Net claims incurred by commercial property insurance in Canada from 1990 to 2022 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: December 05, 2024. https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/
Insurance Bureau of Canada. "Net Claims Incurred by Commercial Property Insurance in Canada from 1990 to 2022 (in Billion Canadian Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/
Insurance Bureau of Canada, Net claims incurred by commercial property insurance in Canada from 1990 to 2022 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/ (last visited December 05, 2024)
Net claims incurred by commercial property insurance in Canada from 1990 to 2022 (in billion Canadian dollars) [Graph], Insurance Bureau of Canada, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/