Topic: Property and casualty insurance in Canada (2024)

Skip to main content

Statista Logo
Statista Logo
  • Popular Statistics
  • Topics
  • Markets
  • Reports
  • Market Insights
  • Consumer Insights
  • Company Insights
  • eCommerce Insights
  • Daily Data
  • About Statista
  • Statista+
  • Statista Q
  • askStatista
  • nxt statista
  • Content & Design
  • Statista R
    • DE
    • ES
    • FR
    • Insurance

    data-vue-regional-dropdown aria-hidden="true">

    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.

    This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

    Topic: Property and casualty insurance in Canada (2)

    Jennifer Rudden

    Research Lead Financial Services & Real estate

    Published by Jennifer Rudden, Jan 10, 2024

    Key insights

    Largest Canadian P&C insurance company by direct premiums written
    Intact Group

    Topic: Property and casualty insurance in Canada (3)

    Detailed statistics

    Market share of leading P/C insurers in Canada 2019, by direct premiums written

    Value of bond investments of Canadian P&C insurance companies
    83.38bn CAD

    Topic: Property and casualty insurance in Canada (4)

    Detailed statistics

    Value of investments of P/C insurance companies in Canada 2019, by type

    Investment returns of Canadian P&C insurers
    3.6%

    Topic: Property and casualty insurance in Canada (5)

    Detailed statistics

    Return on investment of property and casualty insurers in Canada 1990-2019

    Get more insights

    Editor’s Picks Current statistics on this topic

    InsuranceNet premiums written for property and casualty insurance in Canada 1990-2022
    AutoNet claims incurred by auto insurance in Canada 1990-2022
    InsuranceNet claims incurred by property and casualty insurers in Canada 1990-2022

    Further recommended statistics

    Insurance companies

    8
    • Premium Statistic Market share of leading P/C insurers in Canada 2019, by direct premiums written
    • Premium Statistic Value of investments of P/C insurance companies in Canada 2019, by type
    • Premium Statistic Distribution of investments of P/C insurance companies in Canada 2019
    • Premium Statistic Return on equity of property and casualty insurers in Canada 1990-2019
    • Premium Statistic Return on investment of property and casualty insurers in Canada 1990-2019
    • Premium Statistic Earned loss ratio of property and casualty insurers in Canada 1990-2019
    • Premium Statistic Operating expense ratio of property and casualty insurers in Canada 1990-2019
    • Premium Statistic Combined ratio of property and casualty insurers in Canada 1990-2019

    Insurance companies

    • Premium Statistic Market share of leading P/C insurers in Canada 2019, by direct premiums written

      Topic: Property and casualty insurance in Canada (9)

      Market share of leading P/C insurers in Canada 2019, by direct premiums written

      Market share of the leading private property and casualty insurance companies in Canada in 2019, by direct premiums written

    • Premium Statistic Value of investments of P/C insurance companies in Canada 2019, by type

      Topic: Property and casualty insurance in Canada (10)

      Value of investments of P/C insurance companies in Canada 2019, by type

      Value of investments of property and casualty insurance companies in Canada in 2019, by type (in million Canadian dollars)

    • Premium Statistic Distribution of investments of P/C insurance companies in Canada 2019

      Topic: Property and casualty insurance in Canada (11)

      Distribution of investments of P/C insurance companies in Canada 2019

      Distribution of investments of property and casualty insurance companies in Canada in 2019

    • Premium Statistic Return on equity of property and casualty insurers in Canada 1990-2019

      Topic: Property and casualty insurance in Canada (12)

      Return on equity of property and casualty insurers in Canada 1990-2019

      Return on equity of property and casualty insurers in Canada from 1990 to 2019

    • Premium Statistic Return on investment of property and casualty insurers in Canada 1990-2019

      Topic: Property and casualty insurance in Canada (13)

      Return on investment of property and casualty insurers in Canada 1990-2019

      Return on investment of property and casualty insurers in Canada from 1990 to 2019

    • Premium Statistic Earned loss ratio of property and casualty insurers in Canada 1990-2019

      Topic: Property and casualty insurance in Canada (14)

      Earned loss ratio of property and casualty insurers in Canada 1990-2019

      Earned loss ratio of property and casualty insurers in Canada from 1990 to 2019

    • Premium Statistic Operating expense ratio of property and casualty insurers in Canada 1990-2019

      Topic: Property and casualty insurance in Canada (15)

      Operating expense ratio of property and casualty insurers in Canada 1990-2019

      Operating expense ratio of property and casualty insurers in Canada from 1990 to 2019

    • Premium Statistic Combined ratio of property and casualty insurers in Canada 1990-2019

      Topic: Property and casualty insurance in Canada (16)

      Combined ratio of property and casualty insurers in Canada 1990-2019

      Combined ratio of property and casualty insurers in Canada from 1990 to 2019

    Insurance premiums

    4
    • Premium Statistic Net premiums written for property and casualty insurance in Canada 1990-2022
    • Premium Statistic Net premiums written for personal property insurance in Canada 1990-2022
    • Premium Statistic Net premiums written for commercial property insurance in Canada 1990-2022
    • Premium Statistic Net premiums written for auto insurance in Canada 1990-2022

    Insurance premiums

    • Premium Statistic Net premiums written for property and casualty insurance in Canada 1990-2022

      Topic: Property and casualty insurance in Canada (17)

      Net premiums written for property and casualty insurance in Canada 1990-2022

      Net premiums written for property and casualty insurance in Canada from 1990 to 2022 (in billion Canadian dollars)

    • Premium Statistic Net premiums written for personal property insurance in Canada 1990-2022

      Topic: Property and casualty insurance in Canada (18)

      Net premiums written for personal property insurance in Canada 1990-2022

      Net premiums written for personal property insurance in Canada from 1990 to 2022 (in billion Canadian dollars)

    • Premium Statistic Net premiums written for commercial property insurance in Canada 1990-2022

      Topic: Property and casualty insurance in Canada (19)

      Net premiums written for commercial property insurance in Canada 1990-2022

      Net premiums written for commercial property insurance in Canada from 1990 to 2022 (in billion Canadian dollars)

    • Premium Statistic Net premiums written for auto insurance in Canada 1990-2022

      Topic: Property and casualty insurance in Canada (20)

      Net premiums written for auto insurance in Canada 1990-2022

      Net premiums written for auto insurance in Canada from 1990 to 2022 (in billion Canadian dollars)

    Auto insurance

    4
    • Premium Statistic Leading auto insurers in Alberta 2019, by customer satisfaction rating
    • Premium Statistic Leading auto insurers in Atlantic 2019, by customer satisfaction rating
    • Premium Statistic Leading auto insurers in Ontario 2019, by customer satisfaction rating
    • Premium Statistic Leading auto insurers in Quebec 2019, by customer satisfaction rating

    Auto insurance

    • Premium Statistic Leading auto insurers in Alberta 2019, by customer satisfaction rating

      Topic: Property and casualty insurance in Canada (21)

      Leading auto insurers in Alberta 2019, by customer satisfaction rating

      Leading auto insurance companies in Alberta in 2019, by customer satisfaction rating

    • Premium Statistic Leading auto insurers in Atlantic 2019, by customer satisfaction rating

      Topic: Property and casualty insurance in Canada (22)

      Leading auto insurers in Atlantic 2019, by customer satisfaction rating

      Leading auto insurance companies in Atlantic region in Canada in 2019, by customer satisfaction rating

    • Premium Statistic Leading auto insurers in Ontario 2019, by customer satisfaction rating

      Topic: Property and casualty insurance in Canada (23)

      Leading auto insurers in Ontario 2019, by customer satisfaction rating

      Leading auto insurance companies in Ontario in 2019, by customer satisfaction rating

    • Premium Statistic Leading auto insurers in Quebec 2019, by customer satisfaction rating

      Topic: Property and casualty insurance in Canada (24)

      Leading auto insurers in Quebec 2019, by customer satisfaction rating

      Leading auto insurance companies in Quebec in 2019, by customer satisfaction rating

    Home insurance

    3
    • Premium Statistic Home insurance satisfaction rating in Canada 2019, by region
    • Premium Statistic Flood coverage among Canadian homeowners 2018
    • Premium Statistic Sources trusted by homeowners for flood risk reduction Canada 2018

    Home insurance

    • Premium Statistic Home insurance satisfaction rating in Canada 2019, by region

      Topic: Property and casualty insurance in Canada (25)

      Home insurance satisfaction rating in Canada 2019, by region

      Home insurance satisfaction rating in Canada in 2019, by region

    • Premium Statistic Flood coverage among Canadian homeowners 2018

      Topic: Property and casualty insurance in Canada (26)

      Flood coverage among Canadian homeowners 2018

      Share of homeowners believing that their home insurance policy included flood insurance coverage in Canada as of February 2018

    • Premium Statistic Sources trusted by homeowners for flood risk reduction Canada 2018

      Topic: Property and casualty insurance in Canada (27)

      Sources trusted by homeowners for flood risk reduction Canada 2018

      Sources trusted by homeowners for flood risk reduction information in Canada in 2018

    Insurance claims

    5
    • Premium Statistic Net claims incurred by property and casualty insurers in Canada 1990-2022
    • Premium Statistic Net claims incurred by personal property insurance in Canada 1990-2022
    • Premium Statistic Net claims incurred by commercial property insurance in Canada 1990-2022
    • Premium Statistic Net claims incurred by property and casualty insurance in Canada 2020-2022, by line
    • Premium Statistic Net claims incurred by auto insurance in Canada 1990-2022

    Insurance claims

    • Premium Statistic Net claims incurred by property and casualty insurers in Canada 1990-2022

      Topic: Property and casualty insurance in Canada (28)

      Net claims incurred by property and casualty insurers in Canada 1990-2022

      Net claims incurred by property and casualty (P/C) insurance in Canada from 1990 to 2022 (in billion Canadian dollars)

    • Premium Statistic Net claims incurred by personal property insurance in Canada 1990-2022

      Topic: Property and casualty insurance in Canada (29)

      Net claims incurred by personal property insurance in Canada 1990-2022

      Net claims incurred by personal property insurance in Canada from 1990 to 2022 (in billion Canadian dollars)

    • Premium Statistic Net claims incurred by commercial property insurance in Canada 1990-2022

      Topic: Property and casualty insurance in Canada (30)

      Net claims incurred by commercial property insurance in Canada 1990-2022

      Net claims incurred by commercial property insurance in Canada from 1990 to 2022 (in billion Canadian dollars)

    • Premium Statistic Net claims incurred by property and casualty insurance in Canada 2020-2022, by line

      Topic: Property and casualty insurance in Canada (31)

      Net claims incurred by property and casualty insurance in Canada 2020-2022, by line

      Net claims incurred for property and casualty insurance in Canada in 2020 to 2022, by insurance line (in billion Canadian dollars)

    • Premium Statistic Net claims incurred by auto insurance in Canada 1990-2022

      Topic: Property and casualty insurance in Canada (32)

      Net claims incurred by auto insurance in Canada 1990-2022

      Net claims incurred by auto insurance in Canada from 1990 to 2022 (in billion Canadian dollars)

    Get the best reports to understand your industry

    Motor insurance in the United States
    Property and casualty insurance in the United States
    Motor insurance in Canada
    Homeowners insurance in the United States
    • Motor insurance in the United States
    • Property and casualty insurance in the United States
    • Motor insurance in Canada
    • Homeowners insurance in the United States

    Contact

    Get in touch with us. We are happy to help.

    Topic: Property and casualty insurance in Canada (41)

    Topic: Property and casualty insurance in Canada (42)

    Meredith Alda

    Sales Manager– Contact (United States)

    Email

    support@statista.com

    Tel

    +1 914 619-5895

    Mon - Fri, 9am - 6pm (EST)

    Topic: Property and casualty insurance in Canada (43)

    Yolanda Mega

    Operations Manager– Contact (Asia)

    Email

    asia.support@statista.com

    Tel

    +65 6995 6959

    Mon - Fri, 9am - 5pm (SGT)

    Topic: Property and casualty insurance in Canada (44)

    Kisara Mizuno

    Senior Business Development Manager– Contact (Asia)

    Email

    asia.support@statista.com

    Mon - Fri, 10:00am - 6:00pm (JST)

    Topic: Property and casualty insurance in Canada (45)

    Lodovica Biagi

    Director of Operations– Contact (Europe)

    Email

    eu.support@statista.com

    Tel

    +44 (0)20 8189 7000

    Mon - Fri, 9:30am - 5pm (GMT)

    Topic: Property and casualty insurance in Canada (46)

    Carolina Dulin

    Group Director - LATAM– Contact (Latin America)

    Email

    latam@statista.com

    Tel

    +1 212 419-5774

    Mon - Fri, 9am - 6pm (EST)

    Yes, let me download!

    ...and make my research life easier.

    Topic: Property and casualty insurance in Canada (2024)
    Top Articles
    Building a Culture of Philanthropy
    Dodging a Valorant IP Ban
    Canya 7 Drawer Dresser
    Cold Air Intake - High-flow, Roto-mold Tube - TOYOTA TACOMA V6-4.0
    Craigslist Benton Harbor Michigan
    My Boyfriend Has No Money And I Pay For Everything
    Sissy Transformation Guide | Venus Sissy Training
    Needle Nose Peterbilt For Sale Craigslist
    Culvers Tartar Sauce
    Valentina Gonzalez Leak
    The Witcher 3 Wild Hunt: Map of important locations M19
    Belly Dump Trailers For Sale On Craigslist
    Samsung Galaxy S24 Ultra Negru dual-sim, 256 GB, 12 GB RAM - Telefon mobil la pret avantajos - Abonament - In rate | Digi Romania S.A.
    New Stores Coming To Canton Ohio 2022
    Immortal Ink Waxahachie
    Boston Gang Map
    Schedule 360 Albertsons
    Jeffers Funeral Home Obituaries Greeneville Tennessee
    Slim Thug’s Wealth and Wellness: A Journey Beyond Music
    Project Reeducation Gamcore
    Southwest Flight 238
    Jesus Calling Feb 13
    130Nm In Ft Lbs
    2021 Tesla Model 3 Standard Range Pl electric for sale - Portland, OR - craigslist
    Ups Drop Off Newton Ks
    91 Octane Gas Prices Near Me
    DIY Building Plans for a Picnic Table
    Ff14 Laws Order
    Autopsy, Grave Rating, and Corpse Guide in Graveyard Keeper
    Jambus - Definition, Beispiele, Merkmale, Wirkung
    Luciipurrrr_
    Steven Batash Md Pc Photos
    All Things Algebra Unit 3 Homework 2 Answer Key
    How to Watch the X Trilogy Starring Mia Goth in Chronological Order
    Family Fare Ad Allendale Mi
    Nobodyhome.tv Reddit
    Frank 26 Forum
    Bitchinbubba Face
    دانلود سریال خاندان اژدها دیجی موویز
    Unifi Vlan Only Network
    Nancy Pazelt Obituary
    Denise Monello Obituary
    What Is The Optavia Diet—And How Does It Work?
    Best Suv In 2010
    Tropical Smoothie Address
    Rheumatoid Arthritis Statpearls
    Mail2World Sign Up
    Madden 23 Can't Hire Offensive Coordinator
    Westport gun shops close after confusion over governor's 'essential' business list
    Craigslist Monterrey Ca
    Coors Field Seats In The Shade
    Cbs Scores Mlb
    Latest Posts
    Addition on Decimal Fractions & Decimals (Definition, Method, Steps & Examples) - BYJUS
    Qustodio vs. Google Family Link y Apple Screen Time
    Article information

    Author: Nathanial Hackett

    Last Updated:

    Views: 6713

    Rating: 4.1 / 5 (72 voted)

    Reviews: 95% of readers found this page helpful

    Author information

    Name: Nathanial Hackett

    Birthday: 1997-10-09

    Address: Apt. 935 264 Abshire Canyon, South Nerissachester, NM 01800

    Phone: +9752624861224

    Job: Forward Technology Assistant

    Hobby: Listening to music, Shopping, Vacation, Baton twirling, Flower arranging, Blacksmithing, Do it yourself

    Introduction: My name is Nathanial Hackett, I am a lovely, curious, smiling, lively, thoughtful, courageous, lively person who loves writing and wants to share my knowledge and understanding with you.