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

Date: 2015-12

“โ€ข The Canadian non-life segment accounted for 36.5% of the industryโ€™s gross written premium in 2014.

โ€ข Canada is prone to natural disasters due to its geographical location.

โ€ข Property insurance was the largest category in terms of gross written premium, and accounted for 43.7% of the segmentโ€™s gross written premium in 2014.

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

โ€ข 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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