Non-Life Insurance in Canada, Key Trends and Opportunities to 2019

Date: 2015-12

“• The Canadian non-life segment accounted for 36.5% of the industry’s gross written premium in 2014.

• Canada is prone to natural disasters due to its geographical location.

• Property insurance was the largest category in terms of gross written premium, and accounted for 43.7% of the segment’s gross written premium in 2014.

• Motor insurance laws applicable to insurers operating in Canada are different in each province or territory.

• The motor category accounted for 42.8% of the gross written premium that year, while liability accounted for 11.9% and marine, aviation and transit accounted for the remaining 1.6%.

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