CA Insurance Market Review
Insured catastrophe losses in Canada reached a record C$8.5 bn in 2024, nearly tripling the prior year's total and standing 12 times higher than the annual average
Total new annualized premium for Canadian life insurance increased 4% to $478 mn in Q3 2024. Despite the rise in premium, the policy count dropped 17%
Atlantic Canada has become a growing target for auto theft, according to the Insurance Bureau of Canada. In the 2024, auto theft claims in the region rose by 13%
The seventh annual IG Wealth Management Financial Confidence Index highlights stability in 2024 after years of economic volatility
Canada’s life and annuity insurance sector’s solid performance, boosted by economic growth and favorable interest rates
Canadian life insurance market new annualized premium grew 10% to C$522 mn ($387 mn) in Q2 2024 compared to the same period last year. Policy count also increased 4%
