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All (3)

All (3) ((3 results))

  • 1. Insights into the impact of extreme weather trends in Canada on homeowners insurance profitability and consumers
    Stats in brief: 11-621-M2024003
    Description: This paper looks at how extreme weather claims have impacted the insurance industry in Canada from 2020 to 2023. A specific focus is given to homeowners insurance, which during this time, homeowners insurance consumer price index exceeded all items inflation. Insurer profitability and consumer impacts are analyzed given the significant uptick in catastrophic claims. All four years analyzed ranked in the top 10 most costly claims years in Canadian history, costing billions each year. In addition, other contributing factors are explored to provide a robust overview of trends in profitability of the insurance industry.
    Release date: 2024-05-15
  • 2. Fort McMurray 2016 Wildfire – Economic Impact Archived
    Stats in brief: 11-627-M2017007
    Description: An overview of the repercussions of this natural disaster on current production, insurance payments, and future planned construction are presented along with other contextual data. From localized impacts to the national picture the data shows the very different impacts the wildfires had on industry and Canadian citizens. The infographic, Fort McMurray 2016 Wildfires - Economic Impact, presents information from multiple Statistics Canada surveys including the Labour Force Survey (LFS) and Gross Domestic Product by Industry (GDP).
    Release date: 2017-03-16
  • 3. Ice Storm '98 ! Archived
    Articles and reports: 11-008-X19980034006
    Geography: Canada
    Description: This study concentrates on the St. Lawrence River Valley, highlighting how the storm was dealt with and its aftermath.
    Release date: 1998-12-14
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Analysis (3)

Analysis (3) ((3 results))

  • 1. Insights into the impact of extreme weather trends in Canada on homeowners insurance profitability and consumers
    Stats in brief: 11-621-M2024003
    Description: This paper looks at how extreme weather claims have impacted the insurance industry in Canada from 2020 to 2023. A specific focus is given to homeowners insurance, which during this time, homeowners insurance consumer price index exceeded all items inflation. Insurer profitability and consumer impacts are analyzed given the significant uptick in catastrophic claims. All four years analyzed ranked in the top 10 most costly claims years in Canadian history, costing billions each year. In addition, other contributing factors are explored to provide a robust overview of trends in profitability of the insurance industry.
    Release date: 2024-05-15
  • 2. Fort McMurray 2016 Wildfire – Economic Impact Archived
    Stats in brief: 11-627-M2017007
    Description: An overview of the repercussions of this natural disaster on current production, insurance payments, and future planned construction are presented along with other contextual data. From localized impacts to the national picture the data shows the very different impacts the wildfires had on industry and Canadian citizens. The infographic, Fort McMurray 2016 Wildfires - Economic Impact, presents information from multiple Statistics Canada surveys including the Labour Force Survey (LFS) and Gross Domestic Product by Industry (GDP).
    Release date: 2017-03-16
  • 3. Ice Storm '98 ! Archived
    Articles and reports: 11-008-X19980034006
    Geography: Canada
    Description: This study concentrates on the St. Lawrence River Valley, highlighting how the storm was dealt with and its aftermath.
    Release date: 1998-12-14
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