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There are xx businesses in the Life Insurance & Annuities industry in Canada, which is expected to decline at xx% over the next five years. Life insurance and annuity companies in Canada accept liability under annuities, life, disability income and accidental death and dismemberment insurance policies. Enterprises include fraternal organizations, privately held insurers, publicly traded insurers and mutual insurance companies.
Curious about what drives these trends? IBISWorld's Life Insurance & Annuities in Canada industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Loan Administration, Cheque Cashing & Other Services in Canada |
|
XX% | XX% | $XX |
| Commercial Banking in Canada |
|
XX% | XX% | $XX |
| Credit Unions in Canada |
|
XX% | XX% | $XX |
| Insurance Brokers & Agencies in Canada |
|
XX% | XX% | $XX |
| Global Life & Health Insurance Carriers |
|
XX% | XX% | $XX |
| Life Insurance & Annuities in the US |
|
XX% | XX% | $XX |
| Life Insurance in Australia |
|
XX% | XX% | $XX |
| Life Insurance in New Zealand |
|
XX% | XX% | $XX |
| Life Insurance in the UK |
|
XX% | XX% | $XX |
| Insurance in Ireland |
|
XX% | XX% | $XX |
| Life Insurance Providers in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 100 Life Insurance & Annuities in Canada businesses as of 2025, an decrease of -2.0% from 2024.
The number of Life Insurance & Annuities in Canada businesses has declined -1.9% per year on average over the five years between 2020 and 2025.
See our full analysis of the Life Insurance & Annuities in Canada to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Life Insurance & Annuities in Canada has low market share concentration and the largest business is Sun Life Financial Inc..