Insurance Claims and Sales Statistics - Alberta

I was wondering how many insurance companies actually offer auto insurance in Alberta.
Who are the largest insurers?
How many vehicles are insured in Alberta?
What is the average cost to insure a vehicle?
What is the average size claim?
It is interesting to look at the statistics.  It gives you some idea of how many claims are handled and what the typical size of a claim is.   It also tells you who does the most auto insurance business in the province.  You can view the entire document using the link at the end of this post.

List of Active Automobile Insurers and Direct Written Automobile Premium for 2008

Name of Company                                                      Premium Written

ACE  INA INA Insurance                                                  14,584,000
Alberta Motor Association Insurance Company                183,152,000
Allianz Global Risk USUS Insurance Company                     8,352,000
Allstate Canada
                Allstate Insurance Company of Canada              62,364,000
                Pembridge Insurance Company                            6,317,000
American International Companies (AIG AIG)
                AIG Commercial Insurance Co of Canada            9,086,000
                American Home Assurance Company                   3,876,000
American Road Insurance Company                                     1,305,000
Aviva Canada Inc.
                Aviva Insurance Company of Canada                170,276,000
                Elite Insurance Company                                     15,404,000
                Scottish & York Insurance Co. Limited                 4,803,000
                Traders General Insurance Company                   21,924,000
AXA Pacific Insurance Company                                        75,491,000
Canadian Direct Insurance Incorporated                              38,383,000
Chrysler Insurance Company                                                 2,625,000
Chubb Canada
                 Chubb Insurance Company of Canada                  1,455,000
                 Federal Insurance Company                                      16,000
The Co-operators
                Co-operators General Insurance Company        266,958,000
                Coseco Insurance Company                                11,227,000
                Sovereign General Insurance Company (The)       11,489,000
Continental Casualty Company                                               5,675,000
Cumis General Insurance Company                                        3,113,000
Desjardins General Insurance Group    
               Certas Direct Insurance Company                           4,081,000
               Personal Insurance Company (The)                       31,022,000
Dominion of Canada General Insurance Company (The)       82,902,000
Echelon General Insurance Company                                         719,000
The Economical Insurance Group
                 Economical Mutual Insurance Company              14,902,000
                 Federation Insurance Company of Canada                   9,000
                 Missisquoi Insurance Company                                    1,000
                 Perth Insurance Company                                            1,000
                Waterloo Insurance Company                                7,564,000
Electric Insurance Company                                                      113,000
Fortress Insurance Company                                                     919,000
GCAN  Insurance Company                                                  1,723,000  Now owned by Royal Oct/2010
Guarantee Company of North America (The)                            833,000
Hartford Fire Insurance Company                                               83,000
Intact Financial Group
                Intact Insurance Company                                  506,277,000
                Novex Insurance Company of Canada                  54,402,000
                Trafalgar Insurance Company of Canada               14,039,000
Kingsway Financial Services Inc.
                Jevco Insurance Company                                     13,749,000
                Kingsway General Insurance Company                  25,028,000
Liberty Mutual Insurance Company  8,817
Lloyd’s Underwriters                                                               3,528,000
Millennium Insurance Corporation                                          17,541,000
Motors Insurance Corporation                                                 1,484,000
Northbridge Financial Corporation
                 Federated Insurance Company of Canada            20,842,000
                 Lombard General Insurance Company                  30,649,000
                 Lombard Insurance Company                                      30,000
                 Markel Insurance Company of Canada                 30,573,000
                 Zenith Insurance Company                                        940,000
Old Republic Insurance Company of Canada                           6,004,000
Optimum West Insurance Company                                         4,458,000
Peace Hills General Insurance Company                                 64,595,000
Portage La Prairie Mutual Insurance Company (The)              19,787,000
Protective Insurance Company                                                      98,000
RBC General Insurance Company                                          21,153,000
              RBC Insurance Company of Canada                             797,000
Royal & Sun Alliance Insurance Group
              Royal & Sun Alliance Ins Co of Canada                    69,529,000
              Unifund Assurance Company                                  142,560,000
Sentry Insurance A Mutual Company                                             91,000
SGI CANADA Insurance Services Ltd.                                  14,799,000
St. Paul Fire and Marine Insurance Company                          15,933,000
State Farm Mutual Automobile Insurance Company              115,969,000
Sumitomo Marine and Fire Insurance Company Limited               550,000
TD Meloche Monnex                
             Primmum Insurance Company                                    75,961,000
             Security National Insurance Company                      247,671,000
             TD Home and Auto Insurance Company                    24,520,000
Tokio Marine & Nichido Fire Insurance Co. Ltd.                         199,000
Wawanesa Mutual Insurance Company (The)                        404,782,000
XL Insurance Company Limited                                                     37,000
XL Reinsurance America Inc.                                                       123,000
Zurich Insurance Company                                                      56,633,000

Total Premiums Written in Alberta in 2008                      $3,048,220,0000

Total Private Passenger Vehicle Insurance                       $2,303,602,0000
Total Claims Paid                                                             $1,555,951,000
Loss Ratio                                                                                       69.4%
Number of Private Passenger Vehicles Insured                           2,190,766
Average Premium per Vehicle Insured                                               1,051                                                                  
Minor Injury Cap                                                                           $4,339

% of Vehicles suffering collision loss                                                  5.5%
Average Cost per collision  claim                                                    $5,021
% of Vehicles suffering comprehensive claims                                    3.0%
Average Cost Per Comprehensive Claim                                        $3,005
% of Vehicles involved in Accidents Causing Bodily Harm                0.68%
Average Bodily Harm Liability Claim                                            $38,500          
% of Vehicles involved in Acc Causing Damage to Other Vehicles   3.05%
Average Damage to other Vehicles Claim Size                                $4,800      
% of Vehicles resulting in Accident Benefits Being Paid                    1.15%
Average Amount Paid per Accident Benefit                                    $3,000
    
Source - Alberta Insurance Rate Board - 2009 Annual Report