Canadian Life and Health Insurance Facts -- 2017

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3 Taxes paid to all levels of government in Canada in 2016 · Benefit payments to Canadians increased to $88 billion, or nearly $1.7 billion a week · Premium revenues in Canada grew to $106 billion · Total assets in Canada grew to over $810 billion, including $40 billion in infrastructure investments · Foreign operations of Canadian insurers continued to expand with premium revenues jumping 27.9% to $86 billion, due to significant growth outside of North America Donated to charities, supporting health, education and humanitarian relief in 2016 Life insurers provide one of the country's most important sources of long-term capital, including infrastructure financing $55M $7.3B 2016 Industry highlights: $740B Bonds 38% Stocks 17% Mutual funds 30% Mortgage loans 6% Real estate 3% Other 6% in long-term investments Over

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