Canadian Life and Health Insurance Facts -- 2016

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2 Protects over 28 million Canadians through a wide range of financial security products A highly competitive marketplace with 156 insurers protecting consumers with life and health insurance and retirement savings products Health insurance providers* Life insurance and annuity providers 148,600 Canadians work in the industry The industry is well capitalized (with an average capital ratio* of 231% — well above the regulatory target of 150%) * 73 of these are in the life insurance market * Measured as available capital to regulatory capital required to cover risks Canadian life insurers operate in more than 20 countries — 3 Canadian companies rank among the top 15 largest life insurers in the world well capitalize 231% — well ab 133 96 Benefits paid to Canadians in 2015 by the industry; over 90% of this went to living policyholders $84.2B Industry at a glance

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