Property & casualty insurance in Canada - Statistics & Facts

Property and casualty insurance is a type of insurance that protects against property loss and/or legal liability resulting from injury or damage to the property of others. In Canada, some of the leading property and casualty insurance companies include: Intact Group, Aviva Group, Desjardins Group, Lloyd Underwriters, and Co-operators Group. Property and casualty insurance typically cover both commercial and privately owned properties.

Two prominent examples of insurance policies that typically offer property and casualty coverage are car insurance and homeowners insurance. As of 2018, total auto insurance net claims in Canada were over twice that of both personal and commercial property insurance lines. In 2019, Quebec had the highest home insurance satisfaction rating in Canada. Other property and casualty insurance policies available in Canada include: renters insurance, landlord insurance, insurance for power sports equipment, flood and windstorm insurance as well as umbrella liability policies that protect assets of the insured in case they get sued.

Net premiums for property insurance in Canada have risen significantly over the last decades, both for commercial property as well as for personal property, which had net premiums rising exponentially from around three billion Canadian dollar in the early nineties to over 12 billion Canadian dollars by 2018. In that same year, net claims incurred by property and casualty insurance companies in Canada amounted to approximately 35 billion Canadian dollars.

Interesting statistics

In the following 5 chapters, you will quickly find the 24 most important statistics relating to "Property and casualty insurance in Canada".

Property and casualty insurance in Canada

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Important key figures

The most important key figures provide you with a compact summary of the topic of "Property and casualty insurance in Canada" and take you straight to the corresponding statistics.

Auto insurance

Home insurance

Insurance claims

Any more questions?

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.