Motor Insurance in Canada

Introduction

Motor Insurance in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Canada motor insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

• The motor insurance market consists of motor insurance for personal and commercial vehicles, including cars, light & heavy trucks, vans, motorcycles and mopeds. The value of the motor insurance market reflects gross premium incomes. Any currency conversions used in the creation of this profile have been calculated using constant 2011 annual average exchange rates.
• The Canadian motor insurance market had total gross premium income of $19 billion in 2011, representing a compound annual growth rate (CAGR) of 1.4% between 2007 and 2011.
• The personal segment was the market's most lucrative in 2011, with total gross premium income of $15 billion, equivalent to 78.8% of the market's overall value.
• The performance of the market is forecast to accelerate, with an anticipated CAGR of 2.7% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $21.8 billion by the end of 2016.

Features

Save time carrying out entry-level research by identifying the size, growth, and leading players in the motor insurance market in Canada

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the motor insurance market in Canada

Leading company profiles reveal details of key motor insurance market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Canada motor insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Canada economy

Key Questions Answered

What was the size of the Canada motor insurance market by value in 2011?

What will be the size of the Canada motor insurance market in 2016?

What factors are affecting the strength of competition in the Canada motor insurance market?

How has the market performed over the last five years?