Canada Life Insurance - Key Trends and Opportunities to 2025
November 2021
78
About the Report
About the Report
Canada Life Insurance-Key Trends and Opportunities to 2025
Summary
GlobalData's 'Canada Life Insurance-Key Trends and Opportunities to 2025' report provides in-depth market analysis, information and insights into Canadian life insurance segment.
This report provides a detailed outlook by product category for Canadian life insurance segment.
It provides values for key performance indicators such as gross written premium, penetration, and premium accepted and cession rates during the review period (2016-2020) and forecast period (2020-2025).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of 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 Canadian life insurance segment.
- A comprehensive overview of Canadian economy, government initiatives and investment opportunities.
- Canadian insurance regulatory framework's evolution, key facts, taxation regime, licensing and capital requirements.
- Canadian life insurance industry's market structure giving details of lines of business.
- Canada's life insurance reinsurance business's market structure giving details of premium accepted along with cession rates.
- Distribution channels deployed by 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 Canadian life insurance segment for the report's 2016-2020 review period, and projected figures for the 2020-2025 forecast period.
- It offers a detailed analysis of the key categories in Canadian life insurance segment, and market forecasts to 2025.
- It profiles the top life insurance companies in Canada and outlines the key regulations affecting them.
Reasons to Buy
- Make strategic business decisions using in-depth historic and forecast market data related to Canadian life insurance segment, and each category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in Canadian life insurance segment.
- Assess the competitive dynamics in the life insurance segment.
- Identify growth opportunities and market dynamics in key product categories.
Products
Companies
The Canada Life Assurance Company Sun Life Assurance Company of Canada Manufacturers Life Insurance Company RBC Life Insurance Company Equitable Life Insurance Company Empire Life Insurance Company BMO Life Insurance Company The Co-operators Life Insurance Company Ivari Insurance Company Blue Cross Life Insurance Company of Canada
Table of Contents
Table of Contents
Table of Contents
Executive Summary
Economy Overview
Regulatory and Compliance
Key Market Trends
Summary Trends and KPIs
Key Trends by Line of Business
General Annuity
Life PA&H
Other Life Insurance
Distribution Channels
Competitive Landscape
Competitor Profiles
Reinsurance
Regulatory and Compliance
Competitive Landscape
Competitor Profiles
Insurtech
Appendix
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.