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Canada Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027

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    Report

  • 70 Pages
  • July 2023
  • Region: Canada
  • GlobalData
  • ID: 5733447
The publisher's 'Canada Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027' report provides in-depth market analysis, information, and insights into the Canadian life insurance segment.

This report provides a detailed outlook by product category for the Canadian life insurance segment.

It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period (2018-22) and forecast period (2023-27).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Canadian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together the publisher's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

  • Key insights and dynamics of the Canadian life insurance segment.
  • A comprehensive overview of the Canadian economy, government initiatives and investment opportunities.
  • The Canadian insurance regulatory framework's evolution, key facts, taxation regime, licensing and capital requirements.
  • The Canadian life insurance segment's market structure giving details of lines of business.
  • The Canadian life reinsurance business' market structure giving details of premium ceded along with cession rates.
  • Distribution channels deployed by the Canadian life insurers.
  • Details of the competitive landscape and competitors' profiles.

Scope

This report provides a comprehensive analysis of the life insurance segment in Canada:

  • It provides historical values for the Canadian life insurance segment for the report's 2018-22 review period, and projected figures for the 2023-27 forecast period.
  • It profiles the top life insurance companies in Canadian and outlines the key regulations affecting them.

Reasons to Buy

  • Make strategic business decisions using in-depth historic and forecast market data related to the Canadian life insurance segment.
  • Understand the demand-side dynamics, key market trends, and growth opportunities in the Canadian life insurance segment.
  • Assess the competitive dynamics in the life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.

Table of Contents

  • Executive Summary
  • Economy Overview
  • Regulatory and Compliance
  • Key Market Trends
  • Trends and KPIs
  • Distribution Channels
  • Competitive Landscape
  • Competitor Profiles
  • Reinsurance
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • The Canada Life Assurance
  • Sun Life Assurance Company of Canada (Canada)
  • The Manufacturers Life Insurance
  • RBC Life Insurance
  • BMO Life Insurance
  • The Equitable Life Insurance Company of Canada
  • Brookfield Annuity
  • The Empire Life Insurance