Insured losses from severe weather events

Total insured damage caused by severe weather events within a calendar year.

Unit billion CAD Industry Insurance

Records
2
Regions
1
Period
2016–2024
Sources
1
Verification 2 verified data points Verified 15 Sep 2026 Next update Sources typically refresh annually

The chart

Over time

Canada over time. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Insured losses from severe weather events

Canada, 2016 to 2024

2 observations · 2016 to 2024
Insured losses from severe weather eventsInsured losses from severe weather events. 2 observations from 2016 to 2024, ranging from 6 billion CAD to 8 billion CAD. Latest value 8 billion CAD (2024). billion CAD 0 2 4 6 8 2016 2017 2018 2019 2020 2021 2022 2023 2024 6 8
Insured losses from severe weather eventsInsured losses from severe weather events. 2 observations from 2016 to 2024, ranging from 6 billion CAD to 8 billion CAD. Latest value 8 billion CAD (2024). billion CAD 0 3 6 9 2016 2017 2018 2019 2020 2021 2022 2023 2024 6 8
Insured losses from severe weather eventsInsured losses from severe weather events. 2 observations from 2016 to 2024, ranging from 6 billion CAD to 8 billion CAD. Latest value 8 billion CAD (2024). billion CAD 0 3 6 9 2016 2017 2018 2019 2020 2021 2022 2023 2024 6 8
View the underlying data
Insured losses from severe weather events
Period Type Value
2016 Actual 6 billion CAD
2024 Actual 8 billion CAD
Source: IBC · billion CAD · CC BY 4.0 · statorigin.org
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<p><a href="https://statorigin.org/indicators/insured-losses-from-severe-weather-events">Insured losses from severe weather events</a> — data from StatOrigin, CC BY 4.0</p>
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Every record

All records

2 records · 1 region · 2016–2024

Insured losses from severe weather events: every record, grouped by region, newest first.
Period Value Source Type
Canada 2 records
2024 8 billion CAD IBC · 31 Dec 2024 actual
2016 6 billion CAD IBC · 31 Dec 2016 actual

Primary documents

Sources

1 document. Each links to the publisher's own copy.

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StatOrigin. (2026). Insured losses from severe weather events. Retrieved from https://statorigin.org/indicators/insured-losses-from-severe-weather-events