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Insurance industry in Canada

Statistics report on insurance industry in Canada

This report presents a range of statistics and facts about the insurance industry in Canada. Following a general overview of the insurance market, information is provided about main segments, leading companies, and sales metrics of the Canadian insurance market. It concludes with information about the investments and specialties of this industry.

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Table of contents

Market overview

5
  • Premium Statistic Largest life insurance companies globally March 2026, by market capitalization
  • Premium Statistic Life and non-life insurance penetration in selected regions globally 2024
  • Premium Statistic Leading premium writing countries globally 2023, by premiums
  • Premium Statistic ESG scores of the worlds' largest insurance companies 2026, by provider
  • Premium Statistic Global insurance market 2017-2025, with forecasts until 2030

Segments

6
  • Premium Statistic Distribution of life insurance premiums in Canada 2022, by type
  • Premium Statistic Value of direct P&C insurance premiums written in Canada 2020-2022, by line
  • Premium Statistic Value of net P/C insurance premiums written in Canada 2020-2022, by line
  • Premium Statistic Net claims incurred by auto insurance in Canada 1990-2022
  • Premium Statistic Net claims incurred by liability insurance in Canada 1990-2022
  • Premium Statistic Number of people with health insurance Canada 2022, by coverage type

Leading companies

4
  • Premium Statistic Biggest Canadian insurance companies 2023, by revenue
  • Premium Statistic Leading insurance companies in Canada 2020-2023, by total assets
  • Premium Statistic Revenue of Manulife Financial worldwide 2023, by division
  • Premium Statistic Insurance revenue of Fairfax Financial worldwide 2018-2023, by region

Sales metrics/consumption

6
  • Premium Forecast Most common insurances by type in Canada 2025
  • Premium Forecast Insurances taken out online by type in Canada 2025
  • Premium Statistic Net premiums written for property and casualty insurance in Canada 1990-2022
  • Premium Statistic Net premiums written for personal property insurance in Canada 1990-2022
  • Premium Statistic Net premiums written for commercial property insurance in Canada 1990-2022
  • Premium Statistic Net premiums written for liability insurance in Canada 1990-2022

Investments and customer perspective

4
  • Premium Statistic Long-term investments of life insurers in Canada in 2023, by type
  • Premium Statistic Assets of insurance companies in Canada 2002-2022
  • Premium Statistic Leading most trusted industries in Canada 2022
  • Premium Forecast Attitudes towards insurances in Canada 2025
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