Canada property and casualty market

Note: Insurers are ranked by insurance revenue for the fourth quarter of 2024. This research note provides insurance revenues, expenses, and the gross insurance service ratio for each quarter of 2024, as reported by companies to the Office of the Superintendent of Financial Institutions (OSFI). Provincially regulated insurers and publicly controlled auto insurance entities are excluded from the ranking.

Insurance revenue and expenses also include reinsurance contracts. The gross insurance service ratio reflects unconsolidated expenses divided by unconsolidated revenues.
Chart: Calculations by the Insurance PortalSource: S&P Global Market IntelligenceCreated with Datawrapper