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.
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Canada Insurance Market Report- Q4 2024
The fourth quarter of 2024 has presented a varied landscape for the insurance market in Canada, marked by significant economic, regulatory, and technological...
