New Market Study, "Life Insurance in Canada, Key Trends and Opportunities to 2017", Has Been Published
The Canadian life insurance segment registered a review-period (2008-2012) compound annual growth rate (CAGR) of 2.3% despite a prolonged period of low interest rates, rising levels of household debt, the European debt crisis and weak economic development. Growth was partially a consequence of re-pricing and de-risking practices adopted by insurers, which eventually strengthened their capital positions and balance sheets. Growth was compounded by the strong performance of the equity market, low unemployment rates and inflation. These factors are expected to...
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