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Canadian Personal Auto & Property premium rates continued to rise in Q2’25
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Canadian Personal Auto & Property premium rates continued to rise in Q2’25
Applied Systems has released the second quarter of 2025 results of the Applied Rating Index, the Canadian insurance industry’s premium rate index, showing year-over-year and quarter-over-quarter increases in average premium rate changes for both Personal Auto and Personal Property lines. In Q2’25, Personal Auto premium rate change increased 14.9% compared to Q2’24. Quarter-over-quarter, average rates increased 3.3%. All provinces saw year-over-y…
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