Applied Rating Index for Canadian Insurance Industry Q4 2025

This technical report presents the Applied Rating Index for the Canadian insurance industry for the fourth quarter of 2025. It details the year-over-year and quarter-over-quarter changes in average premiums for Personal Auto and Personal Property insurance lines across various provinces. The report indicates that Personal Auto premiums increased by 14.4% compared to Q4 2024, with Ontario experiencing the highest increase at 17.1%. Personal Property premiums saw a year-over-year increase of 7.8%, with Alberta showing the most significant change at 13.5%. The report also highlights that all provinces, except British Columbia, experienced increases in Personal Property premiums year over year. Furthermore, it provides a comprehensive analysis of premium rate changes across different provinces, documenting the trends and variations in the insurance market. The data is derived from over 1.3 billion quotes, representing a significant portion of the brokerage market in Canada.