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Life Insurance & Annuities in Canada - Market Size (2005–2031)

NAICS 52411aCA Last Updated: September 2024

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$98.7bn

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Life Insurance & Annuities in Canada Market Size in 2024
1.6%

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 Life Insurance & Annuities in Canada Market Size Growth in 2024
-1.2%

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 Life Insurance & Annuities in Canada Market Size CAGR 2019-2024

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 Life Insurance & Annuities in Canada Market Size CAGR 2024-2029

Curious about what drives these trends? IBISWorld's Life Insurance & Annuities in Canada Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Life Insurance & Annuities in Canada in 2023?

    The market size of the Life Insurance & Annuities in Canada was $97.1bn in 2023.

  • What was the growth rate of the Life Insurance & Annuities in Canada in 2023?

    The market size of the Life Insurance & Annuities in Canada increased 1.9% in 2023.

  • What was the market size of the Life Insurance & Annuities in Canada in 2024?

    The market size of the Life Insurance & Annuities in Canada is $98.7bn in 2024.

  • What is the growth rate of the Life Insurance & Annuities in Canada in 2024?

    The market size of the Life Insurance & Annuities in Canada increased 1.6% in 2024.

  • Has the Life Insurance & Annuities in Canada grown or declined over the past 5 years?

    The market size of the Life Insurance & Annuities in Canada has grown at a 1.9% CAGR between 2018 and 2023.

  • Is the Life Insurance & Annuities in Canada expected to grow or decline over the next five years?

    See our full analysis of the Life Insurance & Annuities in Canada to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Life Insurance & Annuities in Canada grown or declined over the past 5 years?

    The market size of the Life Insurance & Annuities in Canada has declined at a -1.2% CAGR between 2019 and 2024.

  • Is the Life Insurance & Annuities in Canada expected to grow or decline over the next five years?

    See our full analysis of the Life Insurance & Annuities in Canada to understand if the industry market size is expected to grow or decline over the next five years.

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