Insurance Corp of British Columbia 2019 Annual Report
Company: Insurance Corp of British Columbia
Sector: Finance & insurance
Country: Canada
Year: 2019
Type: Annual Report
Pages: 108
The report describes ICBC's response to financial pressure from rising claims costs and major Basic insurance reforms, including enhanced accident benefits and a new dispute-resolution process. It reports a $1,154 million net loss for 2018/19 and highlights $54 million invested in road safety and loss management. The organization-wide employee survey achieved a 75 percent participation rate.
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