Canada Insurance Industry Outlook 2024 - 2028

See how Canada Insurance performed compared to key markets such as the United States, the United Kingdom and Germany.

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.

Canada Insurance Market Data and Forecasts

Canada Insurance : how will it grow in the coming years?

Forecast: Private Health Insurance Coverage in Canada
Forecast: Supplementary Private Health Insurance Coverage in Canada
Forecast: Out-patient medical care in Canada
Forecast: Total Gross Insurance Premiums in Canada
Forecast: Total Gross Direct Insurance Premiums in Canada
Forecast: Import of Smoking Pipes and Pipe Bowls to Canada
Forecast: Total Private Pension Assets in Canada
Forecast: Total Pension Funds' Assets in Canada
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