Market Overview

Canadian Life Insurance Market Analyzed and Forecast in New Timetric Research Report Now Available at MarketPublishers.com

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New research report “Life Insurance in Canada, Key Trends and Opportunities to 2016” worked out by Timetric has been recently published by Market Publishers Ltd. The study states that the life insurance market in Canada is likely to grow in the near future fueled by aging population, insurers' efforts to cut costs and improve the quality of their service, as well as changes in the pension law.

London, UK (PRWEB) November 05, 2012

Canada's life insurance is the largest and most significant segment within the country's whole insurance market. The industry is an essential source of long-term investment capital. The life insurance market in Canada is likely to grow in the near future fueled by aging population, insurers' efforts to cut costs and improve the quality of their service, as well as changes in the pension law.

The Canadian market for life insurance is well-developed and highly concentrated, it includes 3 major groups: Sun Life, Great-West Life and Manulife. At present, the insurance business faces several challenges, including unstable economic situation, necessity to change products and pricing strategies. Canada's life insurance market is controlled on the country level by the government and on the regional – by the authorities of 13 provinces and territories.

New research report “Life Insurance in Canada, Key Trends and Opportunities to 2016” worked out by Timetric has been recently published by Market Publishers Ltd.

Report Details:

Title: Life Insurance in Canada, Key Trends and Opportunities to 2016
Published: October, 2012
Pages:    215
Price:    US$ 1,950.00
http://marketpublishers.com/report/business-finance/life_insurance/life-insurance-in-canada-key-trends-n-opportunities-to-2016.html

The research report provides an extensive analysis of the Canadian life market in the context of the country's overall insurance market. It offers a comprehensive guide to the insurance industry and its market size in Canada, the key market trends and drivers, recent market developments and the competitive landscape. The life insurance market outlook includes examination of major distribution channels and the analysis of the growth prospects by category and by production type. In addition, the report delves into the insurance regulatory policies and business environment, besides providing country risk evaluations.

The companies mentioned in the report include: Manulife Financial Corporation, Sun, Life Assurance Company, The Great-West Life Assurance Company, The Canada Life Assurance Company, and London Life Insurance Company.

Report Contents:

1 EXECUTIVE SUMMARY

2 INTRODUCTION

2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 CANADIAN INSURANCE INDUSTRY ATTRACTIVENESS

3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments

4 LIFE INSURANCE SEGMENT OUTLOOK

4.1 Life Insurance Growth Prospects by Category
4.1.1 Individual life insurance category
4.1.2 Individual general annuity category
4.1.3 Group life insurance category
4.1.4 Group superannuation category
4.2 Life Insurance Growth Prospects by Product Type
4.2.1 Individual single-premium products
4.2.2 Individual non-single-premium category
4.2.3 Group single-premium category
4.2.4 Group non-single-premium category

5 ANALYSIS BY DISTRIBUTION CHANNEL

5.1 Direct Marketing
5.2 Bancassurance
5.3 Agencies
5.4 E-Commerce
5.5 Brokers
5.6 Other Channels

6 REGULATORY POLICIES

7 PORTER'S FIVE FORCES ANALYSIS – CANADA LIFE INSURANCE

7.1 Bargaining Power of Supplier: Low to Medium
7.2 Bargaining Power of Buyer: Medium to High
7.3 Barriers to Entry: Medium to High
7.4 Intensity of Rivalry: High
7.5 Threat of Substitutes: Low

8 REINSURANCE GROWTH DYNAMICS AND CHALLENGES

8.1 Reinsurance market size, 2007–2016
8.2 Reinsurance market size by type of insurance, 2007–2016

9 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS

9.1 Overview
9.2 Leading Companies in the Canada Life Insurance Market
9.3 Manulife Financial Corporation – Overview
9.3.1 Manulife Financial Corporation – key facts
9.4 Sun Life Assurance Company – Overview
9.4.1 Sun Life Assurance Company – key facts
9.5 The Great-West Life Assurance Company – Overview
9.5.1 The Great-West Life Assurance Company – key facts
9.6 The Canada Life Assurance Company – Overview
9.6.1 The Canada Life Assurance Company – key facts
9.7 London Life Insurance Company – Overview
9.7.1 London Life Insurance Company – key facts

10 BUSINESS ENVIRONMENT AND COUNTRY RISK

10.1 Business Confidence
10.1.1 Market capitalization trend – Canada Exchange, Canada
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollars)
10.2.2 GDP per capita at constant prices (US dollars)
10.2.3 GDP at current prices (US dollars)
10.2.4 GDP per capita at current prices (US dollars)
10.2.5 GDP by key segments
10.2.6 Agricultural net output at current prices (Canadian dollars)
10.2.7 Agricultural net output at current prices (US dollars)
10.2.8 Agricultural net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Canadian dollars)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Canadian Won)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices as a percentage of GDP
10.2.15 Construction net output at current prices (Canadian dollars)
10.2.16 Construction net output at current prices (US dollars)
10.2.17 Construction net output at current prices as a percentage of GDP
10.2.18 Inflation rate
10.2.19 Current account balance as a percentage of GDP
10.2.20 Exports as a percentage of GDP
10.2.21 Imports as a percentage of GDP
10.2.22 Exports growth
10.2.23 Imports growth
10.2.24 External debt as a percentage of GDP
10.2.25 Annual average exchange rate US$–CAD
10.2.26 End-of-period exchange rate US$–CAD
10.3 Infrastructure Quality and Availability
10.3.1 Railways and roadways
10.3.2 Passenger vehicle production volume
10.3.3 Commercial vehicle production volume
10.3.4 Automotive component exports trend
10.3.5 Automotive component imports trend
10.3.6 Passenger car penetration
10.3.7 Healthcare expenditure
10.3.8 Healthcare expenditure as a percentage of GDP
10.3.9 Healthcare expenditure per capita
10.3.10 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Total population
10.5.4 Urban and rural population
10.5.5 Female percentage of population
10.5.6 Male percentage of population
...

More new market research reports by the publisher can be found at Timetric page.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/11/prweb10095420.htm

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