Canadian Insurance Premiums Rise Across Provinces in Q4 2025
Event summary
- Personal Auto premiums increased 14.4% year-over-year and 2.9% quarter-over-quarter in Q4 2025.
- Personal Property premiums rose 7.8% year-over-year and 1.3% quarter-over-quarter in Q4 2025.
- Ontario saw the highest Personal Auto premium increase at 17.1% year-over-year.
- Alberta had the highest Personal Property premium increase at 13.5% year-over-year.
- British Columbia was the only province with a quarter-over-quarter decrease in Personal Property premiums (-1.5%).
The big picture
The Canadian insurance market is experiencing broad-based premium growth, with Personal Auto and Personal Property lines seeing increases across all provinces. The data suggests a potential stabilization in the rate of increases, indicating a more measured phase of adjustment. This trend could reflect broader industry dynamics, including regulatory changes, claims trends, and competitive positioning among insurers.
What we're watching
- Rate Stabilization
- Whether the Canadian personal lines market will continue to stabilize or face further premium adjustments.
- Regional Disparities
- How provincial differences in premium changes will impact insurer strategies and consumer behavior.
- Market Dynamics
- The pace at which premium increases will affect insurer profitability and consumer affordability.
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