CLHIA-ACCAP

Canadian Life and Health Insurance Facts -- 2018

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Contents View provincial data View historical data 19 Canadian life and health insurers operate in more than 20 countries and territories around the world. Three Canadian life and health insurers rank among the top 15 of the world's largest life insurers. Canadian life and health insurers deliver world class sophistication, innovation and service capabilities to customers, in Canada and abroad. The ability of Canadian insurers to do business abroad attests to their strength and international nature, and to the confidence of foreign clients in the soundness of Canadian insurers and in the integrity of the Canadian regulatory regime. 55M people protected through foreign operations 162,000 people employed in support of foreign operations Global footprint Foreign assets Assets held by Canadian life and health insurers on behalf of foreign policyholders amounted to $853 billion at the end of 2017, up 41% from 5 years ago. Canada 54.3% United States 16.7% Europe 9.1% Asia 9.5% Other* 10.4% * Includes the Caribbean and Latin American countries Premium growth outside North America In recent years, Canadian life and health insurers significantly grew their business outside of North America. Premiums outside of North America have more than doubled to nearly $55 billion over the last 5 years. This represents over a quarter of worldwide premiums of $188 billion. Source of premiums $25B $50B - 2012 2013 2014 2015 2016 2017

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