28 Canadian Life & Health Insurance Facts // 2022 Edition
Canadian Life and Health Insurance
Facts, 2022 Edition presents authoritative,
factual information about the life, health and
annuity business of all federally registered and
provincially incorporated insurance providers in Canada
(including the health business of property and casualty insurers),
unless stated otherwise. The sources of material for this publication
include information from these insurance providers as well as relevant
data from government agencies, regulatory bodies, and other
associations. Their assistance is acknowledged with thanks.
The CLHIA is a voluntary association whose member companies
account for 99 per cent of Canada's life and health insurance
business. These insurers provide a wide range of financial security
products including life insurance, annuities (including RRSPs, RRIFs
and pensions) and supplementary health insurance to over 29 million
Canadians. They hold over $1 trillion in assets in Canada and employ
more than 166,000 Canadians.
Wherever possible, figures presented here relate to the Canadian life
and health insurance business of companies of all national origins.
However, where relevant, the numbers relate only to the worldwide
business of Canadian companies.
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