CLHIA-ACCAP

Canadian Life and Health Insurance Facts, 2024 Edition

Issue link: http://clhia.uberflip.com/i/1526931

Contents of this Issue

Navigation

Page 23 of 29

Canadian Life & Health Insurance Facts // 2024 Edition 24 How Insurers Invest I N D U S T R Y I N D E T A I L Insurers are a significant source of long-term investments in Canada Insurers' investments support the economy and governments $ 60 billion $ 103 billion $ 24 billion Infrastructure investments Provincial, territorial & municipal government bonds Federal government bonds $960 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.

Articles in this issue

view archives of CLHIA-ACCAP - Canadian Life and Health Insurance Facts, 2024 Edition