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Insurance in Canada

Insurance in Canada

Summary

Insurance in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2013-17, and forecast to 2022). 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 insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

  • The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.
  • The Canadian insurance market had total gross written premiums of $119.6bn in 2017, representing a compound annual growth rate (CAGR) of 4.3% between 2013 and 2017.
  • The non-life segment was the market's most lucrative in 2017, with total gross written premiums of $68.0bn, equivalent to 56.8% of the market's overall value.
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.1% over 2017-2022, which is expected to drive the market to a value of $139.1bn by the end of 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Canada
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Canada insurance market with five year forecasts
Reasons to buy
  • What was the size of the Canada insurance market by value in 2017?
  • What will be the size of the Canada insurance market in 2022?
  • What factors are affecting the strength of competition in the Canada insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Canada's insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Assurant, Inc.
Intact Financial Corporation
Knights of Columbus
Torchmark Corporation
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Canada insurance market value: $ billion, 2013-17
Table 2: Canada insurance market category segmentation: $ billion, 2017
Table 3: Canada insurance market geography segmentation: $ billion, 2017
Table 4: Canada insurance market share: % share, by value, 2017
Table 5: Canada insurance market value forecast: $ billion, 2017-22
Table 6: Assurant, Inc.: key facts
Table 7: Assurant, Inc.: key financials ($)
Table 8: Assurant, Inc.: key financial ratios
Table 9: Intact Financial Corporation: key facts
Table 10: Intact Financial Corporation: key financials ($)
Table 11: Intact Financial Corporation: key financials (C$)
Table 12: Intact Financial Corporation: key financial ratios
Table 13: Knights of Columbus: key facts
Table 14: Torchmark Corporation: key facts
Table 15: Torchmark Corporation: key financials ($)
Table 16: Torchmark Corporation: key financial ratios
Table 17: Canada size of population (million), 2013-17
Table 18: Canada gdp (constant 2005 prices, $ billion), 2013-17
Table 19: Canada gdp (current prices, $ billion), 2013-17
Table 20: Canada inflation, 2013-17
Table 21: Canada consumer price index (absolute), 2013-17
Table 22: Canada exchange rate, 2013-17
List of Figures
Figure 1: Canada insurance market value: $ billion, 2013-17
Figure 2: Canada insurance market category segmentation: % share, by value, 2017
Figure 3: Canada insurance market geography segmentation: % share, by value, 2017
Figure 4: Canada insurance market share: % share, by value, 2017
Figure 5: Canada insurance market value forecast: $ billion, 2017-22
Figure 6: Forces driving competition in the insurance market in Canada, 2017
Figure 7: Drivers of buyer power in the insurance market in Canada, 2017
Figure 8: Drivers of supplier power in the insurance market in Canada, 2017
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in Canada, 2017
Figure 10: Factors influencing the threat of substitutes in the insurance market in Canada, 2017
Figure 11: Drivers of degree of rivalry in the insurance market in Canada, 2017
Figure 12: Assurant, Inc.: revenues & profitability
Figure 13: Assurant, Inc.: assets & liabilities
Figure 14: Intact Financial Corporation: revenues & profitability
Figure 15: Intact Financial Corporation: assets & liabilities
Figure 16: Torchmark Corporation: revenues & profitability
Figure 17: Torchmark Corporation: assets & liabilities

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