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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
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2012 2013 2014 2015 2016 2017