President's Message
Canadian Life and Health Insurance Facts, 2016 Edition presents authoritative, factual
information about life and health insurance in Canada.
It is published by the Canadian Life and Health Insurance Association (CLHIA). The CLHIA is a
voluntary association whose member companies account for 99% of Canada's life and health
insurance business. The industry provides a wide range of financial security products such
as life insurance, annuities (including RRSPs, RRIFs and pensions) and supplementary health
insurance to over 28 million Canadians. It also holds over $760 billion of assets in Canada and
employs about 148,600 Canadians.
The current edition includes information about the life, health and annuity business of all
federally registered and provincially incorporated insurance providers in Canada (including
the health business of property and casualty insurers), unless stated otherwise. The sources
of material for this publication include information from these insurance providers as well as
relevant data from government agencies, regulatory bodies, and other associations. Their
assistance is acknowledged with thanks.
Wherever possible, figures presented here relate to the Canadian life and health insurance
business of companies of all national origins. However, where relevant, the numbers relate
only to the worldwide business of Canadian companies.
79 Wellington St. West
Suite 2300
P.O. Box 99, TD South Tower
Toronto, Ontario M5K 1G8
416-777-2221
www.clhia.ca
twitter.com/clhia
In order to simplify the text, we use the letters K, M, B, and T to refer to thousands, millions,
billions and trillions, respectively.
Provincial and historical data are available in the appendices.
46 Elgin Street
Suite 400
Ottawa, Ontario K1P 5K6
613-230-0031
1001 de Maisonneuve Blvd. W.
Suite 630
Montreal, Quebec H3A 3C8
514-845-9004
Toronto Ottawa Montréal
