CLHIA-ACCAP

Life and Health Insurance in New Brunswick 2014 Edition

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Life and Health Insurance in NEW BRUNSWICK "Facts and Figures", 2014 Edition presents authoritative, factual information about life and health insurance in New Brunswick. For the first time, industry figures in this 2014 Edition include the business of fraternal benefit societies, provincial Blue Cross organizations and other not-for- profit health care benefit providers, in addition to insurance companies (life and property and casualty). Summary New Brunswick Canada ($millions) ($millions) Life Insurance Ownership (Life insurance coverage – End of 2013) Individual 42,157 2,370,425 Group 36,853 1,689,450 Total 79,010 4,059,875 Life Insurance Purchases (Life insurance coverage – During 2013) Individual 3,835 222,129 Group 3,705 119,305 Total 7,540 341,434 Premium Income Life insurance Individual 343 13,028 Group 160 4,215 Annuities Individual 178 12,730 Group 462 24,617 Health benefit plans Individual 100 3,685 Group (Insured) 398 20,284 Group (Uninsured*) 410 13,675 Total 2,051 92,234 Policy Payments Life insurance 191 7,838 Annuities 757 35,314 Health benefits Insured plans 311 16,955 Uninsured contracts* 389 12,971 Dividends to policyholders 88 3,096 Total 1,736 76,174 Investments of Life and Health Insurance Providers (End of 2013) 10,579 580,249 Health Insurance Coverage (Insured plans only) (Persons covered at end of 2013) (000) (000) Disability income 201 10,953 Extended health care 390 25,999 Dental care 187 15,351 *Includes uninsured employer sponsored contracts that are administered by life insurance companies and not-for-profit health care benefit providers such as provincial Blue Cross organizations

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