Insurance in Canada
Insurance in Canada
Summary
Insurance in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Insurance in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
- The Canadian insurance market is expected to generate total gross written premiums of $127.0bn in 2020, representing a compound annual growth rate (CAGR) of 2.9% between 2016 and 2020.
- The non-life insurance segment is expected to be the market's most lucrative in 2020, with total gross written premiums of $76.5bn, equivalent to 60.3% of the market's overall value.
- One of the main drivers of insurance spending is consumer confidence.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Canada
- Leading company profiles reveal details of key insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada insurance market with five year forecasts by both value and volume
- What was the size of the Canada insurance market by value in 2020?
- What will be the size of the Canada insurance market in 2025?
- What factors are affecting the strength of competition in the Canada insurance market?
- How has the market performed over the last five years?
- How large is Canada’s insurance market in relation to its regional counterparts?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What is the rationale for the recent M&A activity?
7.5. How the COVID-19 outbreak has impacted the sector?
8 COMPANY PROFILES
8.1. Chubb Ltd
8.2. Intact Financial Corporation
8.3. Desjardins Group
8.4. Aviva Plc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What is the rationale for the recent M&A activity?
7.5. How the COVID-19 outbreak has impacted the sector?
8 COMPANY PROFILES
8.1. Chubb Ltd
8.2. Intact Financial Corporation
8.3. Desjardins Group
8.4. Aviva Plc
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Canada insurance market value: $ billion, 2016-20(e)
Table 2: Canada insurance market category segmentation: $ billion, 2020(e)
Table 3: Canada insurance market geography segmentation: $ billion, 2020(e)
Table 4: Canada insurance market value forecast: $ billion, 2020-25
Table 5: Canada insurance market share: % share, by value, 2020(e)
Table 7: Chubb Ltd: Key Employees
Table 8: Chubb Ltd: Key Employees Continued
Table 9: Chubb Ltd: Key Employees Continued
Table 10: Chubb Ltd: Key Employees Continued
Table 12: Intact Financial Corporation: Key Employees
Table 13: Intact Financial Corporation: Key Employees Continued
Table 15: Desjardins Group: Key Employees
Table 16: Desjardins Group: Key Employees Continued
Table 18: Aviva Plc: Key Employees
Table 19: Aviva Plc: Key Employees Continued
Table 20: Canada size of population (million), 2016-20
Table 21: Canada gdp (constant 2005 prices, $ billion), 2016-20
Table 22: Canada gdp (current prices, $ billion), 2016-20
Table 23: Canada inflation, 2016-20
Table 24: Canada consumer price index (absolute), 2016-20
Table 25: Canada exchange rate, 2015-19
Table 1: Canada insurance market value: $ billion, 2016-20(e)
Table 2: Canada insurance market category segmentation: $ billion, 2020(e)
Table 3: Canada insurance market geography segmentation: $ billion, 2020(e)
Table 4: Canada insurance market value forecast: $ billion, 2020-25
Table 5: Canada insurance market share: % share, by value, 2020(e)
Table 7: Chubb Ltd: Key Employees
Table 8: Chubb Ltd: Key Employees Continued
Table 9: Chubb Ltd: Key Employees Continued
Table 10: Chubb Ltd: Key Employees Continued
Table 12: Intact Financial Corporation: Key Employees
Table 13: Intact Financial Corporation: Key Employees Continued
Table 15: Desjardins Group: Key Employees
Table 16: Desjardins Group: Key Employees Continued
Table 18: Aviva Plc: Key Employees
Table 19: Aviva Plc: Key Employees Continued
Table 20: Canada size of population (million), 2016-20
Table 21: Canada gdp (constant 2005 prices, $ billion), 2016-20
Table 22: Canada gdp (current prices, $ billion), 2016-20
Table 23: Canada inflation, 2016-20
Table 24: Canada consumer price index (absolute), 2016-20
Table 25: Canada exchange rate, 2015-19
LIST OF FIGURES
Figure 1: Canada insurance market value: $ billion, 2016-20(e)
Figure 2: Canada insurance market category segmentation: % share, by value, 2020(e)
Figure 3: Canada insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: Canada insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance market in Canada, 2020
Figure 6: Drivers of buyer power in the insurance market in Canada, 2020
Figure 7: Drivers of supplier power in the insurance market in Canada, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Canada, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Canada, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Canada, 2020
Figure 11: Canada insurance market share: % share, by value, 2020(e)
COMPANIES MENTIONED
Chubb Ltd
Intact Financial Corporation
Desjardins Group
Aviva Plc
Figure 1: Canada insurance market value: $ billion, 2016-20(e)
Figure 2: Canada insurance market category segmentation: % share, by value, 2020(e)
Figure 3: Canada insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: Canada insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the insurance market in Canada, 2020
Figure 6: Drivers of buyer power in the insurance market in Canada, 2020
Figure 7: Drivers of supplier power in the insurance market in Canada, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Canada, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Canada, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Canada, 2020
Figure 11: Canada insurance market share: % share, by value, 2020(e)
COMPANIES MENTIONED
Chubb Ltd
Intact Financial Corporation
Desjardins Group
Aviva Plc
