Key Market Indicators
Canadian Gross Written Premium is projected to climb to $87.9 billion by 2028, up from $87.5 billion in 2023. This represents a modest annual growth rate of 0.1%. Historical data indicates that since 1989, Canada has experienced an annual increase of 0.1% in this sector. In the global rankings for 2023, Canada secured the fifth position. Notably, the Netherlands surpassed Canada with a Gross Written Premium of $87.5 billion. The United Kingdom, Germany, and the Netherlands occupied the second, third, and fourth spots, respectively.