Life Insurance in Canada

Life Insurance in Canada

Summary

Life 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 life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2017 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
The Canadian life insurance market had total gross written premiums of $51.6bn in 2017, representing a compound annual growth rate (CAGR) of 5.6% between 2013 and 2017.
The pension/ annuity segment was the markets most lucrative in 2017, with total gross written premiums of $40.5bn, equivalent to 78.4% of the markets overall value.
The Canadian life insurance market has witnessed overall moderate growth in recent years as the countrys average wage increased by 6.8% between 2013 and 2017, and grew 1.5% when adjusted for inflation.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Canada
- Leading company profiles reveal details of key life insurance market players global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada life insurance market with five year forecasts

Reasons to buy

- What was the size of the Canada life insurance market by value in 2017?
- What will be the size of the Canada life insurance market in 2022?
- What factors are affecting the strength of competition in the Canada life insurance market?
- How has the market performed over the last five years?
- Who are the top competitiors in Canadas life insurance market?

Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market share 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market Segmentation 10
Category segmentation 10
Geography segmentation 11
Market share 12
Market Outlook 13
Market value forecast 13
Five Forces Analysis 14
Summary 14
Buyer power 16
Supplier power 17
New entrants 18
Threat of substitutes 20
Degree of rivalry 21
Leading Companies 22
Assurant, Inc. 22
Knights of Columbus 26
New York Life Insurance Company 28
Torchmark Corporation 31
Macroeconomic Indicators 34
Country data 34
Methodology 36
Industry associations 37
Related MarketLine research 37
Appendix 38
About MarketLine 38

List Of Tables


Table 1: Canada life insurance market value: $ billion, 201317
Table 2: Canada life insurance market category segmentation: $ billion, 2017
Table 3: Canada life insurance market geography segmentation: $ billion, 2017
Table 4: Canada life insurance market share: % share, by value, 2017
Table 5: Canada life insurance market value forecast: $ billion, 201722
Table 6: Assurant, Inc.: key facts
Table 7: Assurant, Inc.: key financials ($)
Table 8: Assurant, Inc.: key financial ratios
Table 9: Knights of Columbus: key facts
Table 10: New York Life Insurance Company: key facts
Table 11: New York Life Insurance Company: key financials ($)
Table 12: New York Life Insurance Company: key financial ratios
Table 13: Torchmark Corporation: key facts
Table 14: Torchmark Corporation: key financials ($)
Table 15: Torchmark Corporation: key financial ratios
Table 16: Canada size of population (million), 201317
Table 17: Canada gdp (constant 2005 prices, $ billion), 201317
Table 18: Canada gdp (current prices, $ billion), 201317
Table 19: Canada inflation, 201317
Table 20: Canada consumer price index (absolute), 201317
Table 21: Canada exchange rate, 201317

List Of Figures


Figure 1: Canada life insurance market value: $ billion, 201317
Figure 2: Canada life insurance market category segmentation: % share, by value, 2017
Figure 3: Canada life insurance market geography segmentation: % share, by value, 2017
Figure 4: Canada life insurance market share: % share, by value, 2017
Figure 5: Canada life insurance market value forecast: $ billion, 201722
Figure 6: Forces driving competition in the life insurance market in Canada, 2017
Figure 7: Drivers of buyer power in the life insurance market in Canada, 2017
Figure 8: Drivers of supplier power in the life insurance market in Canada, 2017
Figure 9: Factors influencing the likelihood of new entrants in the life insurance market in Canada, 2017
Figure 10: Factors influencing the threat of substitutes in the life insurance market in Canada, 2017
Figure 11: Drivers of degree of rivalry in the life insurance market in Canada, 2017
Figure 12: Assurant, Inc.: revenues & profitability
Figure 13: Assurant, Inc.: assets & liabilities
Figure 14: New York Life Insurance Company: revenues & profitability
Figure 15: New York Life Insurance Company: assets & liabilities
Figure 16: Torchmark Corporation: revenues & profitability
Figure 17: Torchmark Corporation: assets & liabilities

Austria Life Insurance: Key trends and Opportunities to 2023

Austria Life Insurance: Key trends and Opportunities to 2023Its Austria Life Insurance: Key Trends and Opportunities to 2023 report provides in-depth market analysis, information and insights into the Austrian life

USD 3999 View Report

Columbus Life Insurance Co - Strategic SWOT Analysis Review

Columbus Life Insurance Co - Strategic SWOT Analysis Review provides a comprehensive insight into the companys history, corporate strategy, business structure and operations. The report contains a detailed SWOT analysis,

USD 125 View Report

The Grenadian Insurance Industry - Governance, Risk and Compliance

The Grenadian Insurance Industry - Governance, Risk and Compliance The Grenadian Insurance Industry - Governance, Risk and Compliance report is the result of extensive research into the insurance regulatory framework

USD 950 View Report

The Albanian Insurance Industry - Governance, Risk and Compliance

The Albanian Insurance Industry - Governance, Risk and Compliance The Albanian Insurance Industry - Governance, Risk and Compliance report is the result of extensive research into the insurance regulatory framework

USD 950 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available