In 2020, net claims incurred by the auto insurance sector in Canada amounted to approximately 17.86 billion Canadian dollars. This was by far the largest share of all Canadian property and casualty (P/C) 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 (P/C) insurance in Canada in 2020, by insurance line
(in billion Canadian dollars)
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Insurance Bureau of Canada. (October 7, 2021). Net claims incurred for property and casualty (P/C) insurance in Canada in 2020, by insurance line (in billion Canadian dollars) [Graph]. In Statista. Retrieved May 24, 2022, 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 (P/C) insurance in Canada in 2020, by insurance line (in billion Canadian dollars)." Chart. October 7, 2021. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/470891/net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada. (2021). Net claims incurred for property and casualty (P/C) insurance in Canada in 2020, by insurance line (in billion Canadian dollars). Statista. Statista Inc.. Accessed: May 24, 2022. 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 (P/C) Insurance in Canada in 2020, by Insurance Line (in Billion Canadian Dollars)." Statista, Statista Inc., 7 Oct 2021, 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 (P/C) insurance in Canada in 2020, 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 May 24, 2022)
