2 3
Notes
** Includes the Caribbean
and Latin American
countries
* the industry's contribution
is especially high for health
insurance, accounting for over
50% of value-add generated.
See Piling On - How Provincial
Taxation of Insurance Premiums
Costs Consumers, CD Howe
Institute.
Canada's insurers provide coverage and services to 60 million people
in 20 jurisdictions. In fact, three of Canada's life and health insurers
rank among the top 15 largest in the world.
International operations
Source of premiums
57.2%
Canada USA Asia Europe Other**
12.2%
11.1%
9% 10.5%
countries &
territories
20
people employed
outside of Canada
169,000
people protected
outside of Canada
60M
Canadian life and health insurers are
trusted at home and around the globe
Assets held by Canadian life and health insurers on behalf of
policyholders outside of Canada amounted to $898 billion at
the end of 2018, up 37 per cent from five years ago.
Canadian insurers' foreign
assets continue to grow
Revenue from premiums outside of North
America
have more than doubled since 2013
2013 2015 2017 2014 2016 2018
$
60B
$
30B
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