CLHIA-ACCAP

Canadian Life and Health Insurance Facts

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29 for 60 per cent of the total, up from a 57 per cent share in 2004. By the end of 2014, segregated fund assets for group products totalled nearly $163.6 billion. Premium allocations to segregated funds in Canada rose 13.6 per cent to a new record high of $35.8 billion in 2014. Group contracts, totalling almost $23.8 billion or 66 per cent of the 2014 total, have accounted for more than half the market since 2001. Over the past decade, contributions to group products have grown at an average annual rate of 8.1 per cent while individual products have increased at 4.3 per cent. Segregated Fund Assets Held in Canada (millions) End of Bonds Stocks Mutual Mortgage Real Cash Other Total Year Funds Loans Estate Assets 1961 $ 1 $ * $ — $ — $ — $ * $ * $ 2 1970 153 251 — 109 — 15 12 540 1980 2,309 2,961 — 1,174 38 337 145 6,964 1990 6,939 6,261 — 1,365 1,359 572 508 17,004 2000 13,179 27,701 37,444 2,110 1,619 6,719 1,287 90,059 2005 18,126 34,957 68,578 3,055 3,139 5,488 468 133,811 2006 17,838 35,541 85,171 3,471 4,127 5,888 506 152,542 2007 17,672 35,017 94,787 3,364 5,359 6,309 1,373 163,881 2008 16,334 24,957 82,569 3,296 5,870 6,480 827 140,333 2009 18,532 31,201 109,645 2,972 5,478 5,853 820 174,501 2010 20,539 31,677 129,048 3,214 5,226 5,765 961 196,430 2011 23,006 29,402 127,290 3,486 5,490 6,274 1,042 195,990 2012 26,026 32,105 139,896 3,555 6,712 5,632 1,185 215,111 2013 26,369 37,471 164,560 3,761 7,201 6,050 1,516 246,928 2014 28,774 40,763 183,533 3,858 7,709 6,655 1,478 272,770 Sources: OSFI, CLHIA Segregated fund assets are included in the table on page 25 Figures since 2000 report on the assets of life insurance companies and fraternal benefit societies. Earlier years include data for life insurance companies only *Less than $500,000

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