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 January 24, 2025, from https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/?__sso_cookie_checker=failed
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 January 24, 2025. https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/?__sso_cookie_checker=failed
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: January 24, 2025. https://www.statista.com/statistics/470885/net-claims-incurred-commercial-property-insurance-canada/?__sso_cookie_checker=failed
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/?__sso_cookie_checker=failed
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/?__sso_cookie_checker=failed (last visited January 24, 2025)
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/?__sso_cookie_checker=failed