Canada Life Insurance Sector Examined & Forecast by Timetric in In-demand Report Published at MarketPublishers.com
18 Feb 2014 • by Natalie Aster
LONDON – Notwithstanding a prolonged period of poor interest rates, the influence of the European debt crisis, rising household debt levels together with sluggish economic development, the domestic life insurance sector registered a CAGR of close to 2.5% between 2008 and 2012. Growth in the sector was partially spurred by the re-pricing and de-risking practices implemented by the local insurers, which eventually strengthened their balance sheets and capital positions. Growth in the country’s life insurance sector was also fuelled by the low rates of inflation and unemployment, as well as by the strong equity market performance in Canada.
The Canadian life insurance sector is poised to increase from around USD 40.2 billion in 2012 to almost USD 47.3 billion in 2017, registering a 4.1% CAGR through 2017. The major market growth challenges include, among others, certain regulatory policies relating to solvency and capital margins, and also persistently low interest rates in the closest time.
In-demand research report “Life Insurance in Canada, Key Trends and Opportunities to 2017” worked out by Timetric presents an in-depth analysis of the national life insurance market.
The topical study provides profound insights into the current scenario of the Canadian life insurance sector as well as outlines and discusses the sector’s future growth prospects. It scrutinizes the main drivers and limiters of the country’s life insurance sector, highlights the competitive landscape, offers a look at the life reinsurance sector in Canada, and also contains Porter’s five forces analysis. The report uncovers the historical and current values for the country’s life insurance sector, examines the key categories in detail, discloses a whole set of the important industry parameters, covers the distribution channels for life insurance products in Canada, profiles the life insurance companies most active in the national market, and illustrates the regulative framework. Besides, a future outlook for the Canadian life insurance market through 2017 is provided in the report.
Life Insurance in Canada, Key Trends and Opportunities to 2017
Published: January, 2014
Price: US$ 1,950.00
Other Different Countries Life Insurance Markets Reports by Timetric Include:
- Life Insurance in the Netherlands, Key Trends and Opportunities to 2017
- Life Insurance in Sweden, Key Trends and Opportunities to 2017
- Life Insurance in Finland, Key Trends and Opportunities to 2017
- Life Insurance in Ireland, Key Trends and Opportunities to 2017
More in-demand research studies by the publisher can be found at Timetric page.