Insurance Corp of British Columbia 2017 Annual Report
Company: Insurance Corp of British Columbia
Sector: Finance & insurance
Country: Canada
Year: 2017
Type: Annual Report
Pages: 105
The report describes ICBC's 15-month transitional 2016/17 period, during which total earned revenues were $6,181 million and the corporation recorded a net loss of $913 million. It highlights completion of the multi-year Transformation Program, including a new insurance system, while also detailing rising claims costs, road-safety initiatives and fraud analytics as operational responses.
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