Financial Services » Insurance » Insurance industry in Canada | Canada: value of motor vehicle insurance 2025

Value of motor vehicle insurance sector in Canada 2009-2025

Value of premiums written by motor vehicle insurance companies in Canada from 2009 to 2025 (Figures expressed in billions of U.S. dollars, unless otherwise specified)

The data describes the value of premiums written by motor vehicle insurance companies in Canada from 2009 to 2014 and a forecast thereof until 2025. The value of motor vehicle insurance sector in Canada amounted to approx. 25.72 billion USD in 2014 and it was projected to grow to approx. 37.67 billion USD in 2025.

2009 19.69
2010 22.85
2011 24.91
2012 25.43
2013 25.22
2014 25.72
2015 23.22
2016 24.21
2017 25.43
2018 26.68
2019 27.97
2020 29.39
2021 30.89
2022 32.46
2023 34.11
2024 35.85
2025 37.67

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