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

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


Summary

GlobalData’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 GlobalData’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.


  • Executive Summary
    • Market Overview
  • Economy Overview
    • GlobalData Country Risk Index (GCRI) Q4 2022
      • Table PERFORMANCE OVERVIEW (SCORE: 1–100)
  • Regulatory and Compliance
    • Life (Re)Insurance Regulatory and Compliance Framework: Key Findings
    • Life (Re)Insurance Regulatory and Compliance Framework: Key Facts
    • Life (Re)Insurance Regulatory and Compliance Framework: Licensing Requirements
  • Key Market Trends
    • Technology Spending
  • Summary Trends and KPIs
    • Regional Comparison
    • Penetration and Growth
    • Premium Trends
    • Premium and Loss Trends
  • Key Trends by LOB
    • LOB Overview
    • By LOB
    • Commercial and Retail Insurance by LOB
    • General Annuity: KPIs
    • General Annuity: Leading Insurers
      • Table Top five insurers by GWP
    • Life PA&H: KPIs
    • Life PA&H: Leading Insurers
      • Table Top five insurers by GWP
    • Other Life: KPIs
    • Other Life: Leading Insurers
      • Table Top five insurers by GWP
  • Distribution Channels
    • Consumer Preferences
  • Competitive Landscape
    • Market Share and Concentration
    • Competition Intelligence Overview
      • Table Competition Intelligence Overview
    • Overview
    • Deals
    • Top Insurers Jobs Market Snapshot
  • Competitor Profiles
    • The Canada Life
    • Sun Life Assurance Canada
    • The Manufacturers Life
    • RBC Life
    • Brookfield Annuity
  • Reinsurance
    • Reinsurance Overview
    • Overview
    • Accepted Premiums by Pure Reinsurers
    • Ceded Premiums and Cession Rates
    • Ceded Premiums by LOB
    • Cession Rates by LOB
    • Market Share and Concentration
  • Appendix
    • Company Statistics
      • Table Life insurance companies
    • Company Statistics
      • Table Reinsurance companies
    • Directory
    • Glossary of Insurance Terms
    • Methodology
    • Sources
    • About GlobalData

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