Canadian Life & Health Insurance Facts // 2026 Edition 27
International Operations
I N D U S T R Y I N D E T A I L
Canadian life and health insurers are trusted at home and around
the globe
* This is a measure as defined in IFRS 17 and has been used since 2023.
** Includes the Caribbean and Latin American countries
Canadian insurers continue to grow their international operations
Assets held by Canadian life and health insurers on behalf of all policyholders outside of Canada
amounted to $1.6 trillion at the end of 2025, almost twice the level from ten years ago.
Source of insurance service revenue
International operations contributed 44 per cent
of the insurance service revenue* of Canadian life
and health insurers in 2025.
20
3
90
million 235,000
countries
& territories
Canadian life and health
insurance companies are
among the largest in
the world
people protected
outside of Canada
people employed
outside of Canada
8%
ASIA & OTHER**
25%
USA
56%
CANADA
11%
EUROPE
$0.0T
$0.4T
$0.8T
$1.2T
$1.6T
$2.0T
2025 2023 2021 2019 2017 2015
$
0.9T
$
0.9T
$
1.0T
$
1.2T
$
1.4T
$
1.6T
