Summary
Insurance in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings
- 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
Synopsis
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.
Reasons To Buy
- What was the size of the Canada insurance market by value in 2015?
- What will be the size of the Canada insurance market in 2020?
- What factors are affecting the strength of competition in the Canada insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's insurance market?
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 $111.6bn in 2015, representing a compound annual growth rate (CAGR) of 3.6% between 2011 and 2015.
The non-life Insurance segment was the market's most lucrative in 2015, with total gross written premiums of $66.6bn, equivalent to 59.7% of the market's overall value.
A slowdown in motor insurance recently, largely due to reforms in Ontario which included a pledge to cut rates.
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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
Table 1: Canada insurance market value: $ billion, 2011-15
Table 2: Canada insurance market category segmentation: $ billion, 2015
Table 3: Canada insurance market geography segmentation: $ billion, 2015
Table 4: Canada insurance market share: % share, by value, 2015
Table 5: Canada insurance market value forecast: $ billion, 2015-20
Table 6: Assurant, Inc.
Table 7: Assurant, Inc.
Table 8: Assurant, Inc.
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
Table 14: Torchmark Corporation
Table 15: Torchmark Corporation
Table 16: Torchmark Corporation
Table 17: Canada size of population (million), 2011-15
Table 18: Canada gdp (constant 2005 prices, $ billion), 2011-15
Table 19: Canada gdp (current prices, $ billion), 2011-15
Table 20: Canada inflation, 2011-15
Table 21: Canada consumer price index (absolute), 2011-15
Table 22: Canada exchange rate, 2011-15
Assurant, Inc.
Intact Financial Corporation
Knights of Columbus
Torchmark Corporation