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Life Insurance & Annuities in Canada - Industry Market Research Report

Life Insurance & Annuities in Canada

Consistent increases in premiums derived from the Life Insurance and Annuities industry's traditional products and strong returns from equity markets have aided industry performance over the five years to 2017. Historically low interest rates have subdued the industry's investment gains in recent years. Since 2013, bond yields have sharply increased which bolsters the fair values of the industry's existing fixed-income securities, this trend has been a key driver for strong growth throughout the year. Despite a small dip in concentration levels in recent years, the industry is anticipated to remain dominated by the “big three"" companies over the five years to 2022. Rising interest rates paired with anticipated improvements in the broader economy will continue to increase industry revenue and boost profitability despite the prospect of further regulation on the horizon.

This industry accepts liability under annuities and life, disability income and accidental death and dismemberment insurance policies. Enterprises include fraternal organizations, privately held insurers, publicly traded insurers and mutual insurance companies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics.Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2017)
    • Table Industry Structure
  • Industry Performance
    • Table Per capita disposable income
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2017)
    • Table Major market segmentation (2017)
    • Table Business Locations 2017
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players
    • Table Great-West Lifeco Inc. (industry-relevant operations) - financial.performance*
    • Table Manulife Financial Corp (industry-relevant operations) - financial.performance*
    • Table Sun Life Financial Inc. (industry-relevant operations) - financial.performance*
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

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