19
Canadian Life & Health Insurance Facts // 2022 Edition
Retirement solutions
Insurers paid out $58.1 billion in retirement
benefits in 2021
Since 2011, benefits
have increased at
an average rate of
of benefits are
provided through
segregated funds
Over
7%
80%
per
year
2021 2019 2017 2015 2013 2011
$
50B
$
60B
$
40B
$
30B
$
20B
$
10B
$
31B
$
35B
$
41B
$
45B
$
53B
$
58B