In 2022, the share of net property and casualty (P/C) claims incurred by total auto insurance in Canada amounted to 46 percent. This was by far the largest share of any insurance line; almost twice the 24 percent of claims incurred by second-placed personal property insurance. In total, there was 35.1 billion Canadian dollars of net claims incurred in the Canadian P/C insurance sector.
Share of net claims incurred by property and casualty (P/C) insurance in Canada in 2022, by insurance line
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Insurance Bureau of Canada. (October 4, 2023). Share of net claims incurred by property and casualty (P/C) insurance in Canada in 2022, by insurance line [Graph]. In Statista. Retrieved October 03, 2024, from https://www.statista.com/statistics/470900/share-of-net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada. "Share of net claims incurred by property and casualty (P/C) insurance in Canada in 2022, by insurance line." Chart. October 4, 2023. Statista. Accessed October 03, 2024. https://www.statista.com/statistics/470900/share-of-net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada. (2023). Share of net claims incurred by property and casualty (P/C) insurance in Canada in 2022, by insurance line. Statista. Statista Inc.. Accessed: October 03, 2024. https://www.statista.com/statistics/470900/share-of-net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada. "Share of Net Claims Incurred by Property and Casualty (P/C) Insurance in Canada in 2022, by Insurance Line." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/470900/share-of-net-claims-incurred-property-and-casualty-insurance-canada-by-line/
Insurance Bureau of Canada, Share of net claims incurred by property and casualty (P/C) insurance in Canada in 2022, by insurance line Statista, https://www.statista.com/statistics/470900/share-of-net-claims-incurred-property-and-casualty-insurance-canada-by-line/ (last visited October 03, 2024)
Share of net claims incurred by property and casualty (P/C) insurance in Canada in 2022, by insurance line [Graph], Insurance Bureau of Canada, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/470900/share-of-net-claims-incurred-property-and-casualty-insurance-canada-by-line/