The Canadian insurer Intact Group emerged as the leading Canadian private property and casualty insurer in 2019, with 15.08 percent of the market share. Desjardins Group and Aviva Group also had large market shares in that year, 8.5 percent and 8.35 percent respectively. In that year, 65.3 billion U.S. dollars’ worth of direct premiums were written by private insurers in Canada.
Who are Intact Group?
Intact Group is headquartered in Toronto, Canada and was founded in 1809. In 2017, Intact was the eighth largest Canadian insurance company by total assets. Intact Insurance, belairdirect, Broker Link and OneBeacon Insurance Group all belong to Intact Group.
Upward trend of P/C premiums
The volume of property and casualty insurance premiums written has steadily risen since 1990. The value of direct premiums written by Intact Financial is also rising annually. This upward trend suggests that Intact will hold on to their market leader position in the near future, unless its competitors increase their premium volume dramatically.
Market share of the leading private property and casualty insurance companies in Canada in 2019, by direct premiums written
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Insurance Bureau of Canada. (June 29, 2020). Market share of the leading private property and casualty insurance companies in Canada in 2019, by direct premiums written [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/470362/leading-pandc-insurers-in-canada-by-share-of-direct-premiums-written/
Insurance Bureau of Canada. "Market share of the leading private property and casualty insurance companies in Canada in 2019, by direct premiums written." Chart. June 29, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/470362/leading-pandc-insurers-in-canada-by-share-of-direct-premiums-written/
Insurance Bureau of Canada. (2020). Market share of the leading private property and casualty insurance companies in Canada in 2019, by direct premiums written. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/470362/leading-pandc-insurers-in-canada-by-share-of-direct-premiums-written/
Insurance Bureau of Canada. "Market Share of The Leading Private Property and Casualty Insurance Companies in Canada in 2019, by Direct Premiums Written." Statista, Statista Inc., 29 Jun 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/470362/leading-pandc-insurers-in-canada-by-share-of-direct-premiums-written/
Insurance Bureau of Canada, Market share of the leading private property and casualty insurance companies in Canada in 2019, by direct premiums written Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/470362/leading-pandc-insurers-in-canada-by-share-of-direct-premiums-written/ (last visited November 10, 2024)
Market share of the leading private property and casualty insurance companies in Canada in 2019, by direct premiums written [Graph], Insurance Bureau of Canada, June 29, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/470362/leading-pandc-insurers-in-canada-by-share-of-direct-premiums-written/
