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BMI View: As of early 2013, the strength and dynamism of Canada's insurance sector remains obvious. The life companies are world-class, multi-faceted financial services organisations that clearly have the capacity to sustain growth almost regardless of developments in the Canadian life segment. The non-life companies are benefiting from improved profitability, thanks in part to their pricing power and in part to the motor insurance reforms in Ontario. Key Insights And Key Risks Although the details vary from quarter to quarter, newsflow from Canada's insurance sector continues, in mid-2013, to highlight its strength and dynamism. In both the non-life and the life segment, the main players have scale, access to capital (even if they are mutuals), financial strength, well recognised brands, ...
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