CLHIA-ACCAP

Canadian Life and Health Insurance Facts -- 2017 -- Appendices

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2016 Provincial data NL PE NS NB QC ON MB SK AB BC Canada* Canadian marketplace People with protection (thousands) 420 110 730 610 7,400 10,900 1,000 900 3,000 3,300 28,000 Weekly benefits paid ($millions) 20 5 46 36 360 746 57 43 179 192 1,692 People employed by industry 790 330 3,400 3,300 30,800 70,500 7,800 3,800 17,100 16,800 154,800 Number of active insurers 1 Life and health insurers 57 57 60 60 68 71 62 62 60 64 79 Not-for-profit health benefit providers 2 2 2 2 3 3 2 3 3 2 8 Fraternal benefit societies 5 6 7 7 11 12 10 9 11 10 12 Total insurers 64 65 69 69 82 86 74 74 74 76 99 Number of head offices - - - 4 16 65 4 3 5 2 99 Provincial tax contributions 2 ($millions) Taxes borne 50 9 51 38 911 1,032 60 57 239 187 2,640 Taxes collected - - - - 806 1,478 48 - - - 2,332 Total tax contributions 50 9 51 38 1,717 2,510 108 57 239 187 4,972 1 Excludes 54 property and casualty insurers actively providing health coverage 2 Canada total excludes federal tax contributions. Please refer to the Total tax contribution section of Canadian Life and Health Insurance Facts, 2017 Edition Canadian investments 3 Investments ($billions) 14 5 20 13 148 296 24 20 90 86 Long-term investments (%) 98 98 98 97 97 97 97 98 98 97 Investments by type (%) Corporate securities 33 30 35 36 27 35 25 38 41 33 Mortgage & real estate 5 3 13 7 11 13 10 8 17 17 Mutual funds 31 45 25 29 26 24 30 36 30 26 Provincial bonds 17 14 17 16 22 12 20 9 2 11 Municipal bonds 4 3 4 5 4 4 4 4 4 5 Federal bonds 2 2 2 1 3 5 5 1 1 3 Other 8 3 4 6 7 7 6 4 5 5 Total investments 100 100 100 100 100 100 100 100 100 100 3 Based on CLHIA estimates of direct and indirect Canadian investments 2 Download PDF Download Excel

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