Canadian Life and Health Insurance Facts -- 2018

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2 Protects almost 29 million Canadians through a wide range of financial security products A highly competitive marketplace with 156 insurers protecting consumers with life and health insurance and retirement savings products Health insurance providers* Life insurance and annuity providers 155,200 Canadians work in the industry – growing at about 2.5% annually over the past 10 years The industry is well capitalized (with an average capital ratio* of 230% — well above the regulatory target of 150%) * 70 of these are in the life insurance market * Measured as available capital to regulatory capital required to cover risks Canadian life insurers operate in more than 20 countries — 3 Canadian companies rank among the top 15 largest life insurers in the world 133 93 Benefits paid to Canadians in 2017 by the industry, up 4.3% from 2016; over 90% of these went to living policyholders $92B well capitalize 230% — well ab Industry at a glance

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