CLHIA-ACCAP

Canadian Life and Health Insurance Facts, 2023 Edition

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Industry in detail How insurers invest Insurers are a significant source of long-term investments $ 900 billion of stable industry investment is driving economic growth and innovation across Canada. What the industry earns from these investments helps reduce the cost of insurance for Canadians. 90% of insurers' assets are held in long-term investments. The long-term nature of insurers' liabilities is especially well suited to financing infrastructure investments. Insurers' investments support the economy and governments $ 59 billion Infrastructure investments $ 98 billion Provincial, territorial & municipal government bonds $ 23 billion Federal government bonds Canadian Life & Health Insurance Facts // 2023 Edition 21

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