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Canada Insurance Q3 2018

Canada Insurance Q3 2018

BMI View:

Despite a slowdown in Canada's headline GDP growth following the robust expansion of the past few years, our medium-term outlook for the country's insurance market remains positive. Consumer and business confidence remains high, and this willdrive new purchases in both life and non-life lines, with premiums expanding in the 3-4% range in both sectors through to 2022.While some parts of the industry, particularly the life segment, are mature and highly competitive, insurers will still find scope for newbusiness through innovation and new product launches. As such, with its high incomes and excellent regulatory structure, Canadaremains a favourable place for insurers to do business and will continue to attract foreign insurers to its shores for this reason.

BMI Industry View
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Developed States Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Great-West Lifeco Inc
Intact Financial Corporation
Manulife Financial
Sun Life Financial
Wawanesa Insurance
Insurance Methodology

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