Industry Impact and Data Hub
The world is changing quickly – and so is the P&C insurance industry. It’s increasingly important to have the most credible, up-to-date stats and data so we’ve compiled them here giving you one reliable source for information.
2023 Industry Facts
Since 1972, IBC’s Facts Book has given our industry an opportunity to share the facts and figures that tell the story of how P&C insurers serve Canadians.
$3.1B
In insured damages in 2023 – making it the 4th worst year for insured losses in Canadian history.
140,500
The number of Canadians employed by the P&C insurance industry in 2022.1
196
Private P&C insurers actively compete in Canada. 1
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