A Demographic Analysis of the Property & Casualty Insurance Industry in Canada 2007-2017

The first research report, entitled A Demographic Analysis of the Property & Casualty Insurance Industry in Canada 2007 –2017, was published in May 2008. The purpose of the first study was to conduct a census of the demographic composition of the insurance industry and to forecast human resources needs and capacity into the future.

Forty-three (43) insurance and reinsurance companies, adjusting firms, and brokerage firms provided demographic data on their current, and in some cases terminated employees. As well, four insurance councils/regulators provided demographic data on their membership. The Insurance Institute was extremely pleased with the response and the submission of nearly 80,000 records (plus 10,000 terminated records).

The final report (available as an Executive Brief, Executive Summary and Full Report, below) provides the analysis of the data, projections on the growth of the industry work force over the next 10 years, and recommendations regarding the strategic implications of demographic trends for the insurance industry’s work force.

DOWNLOADS

A Demographic Analysis of the Property & Casualty Insurance Industry in Canada 2007-2017

Executive Brief - 6 pages [PDF, 1.7 MB]

Executive Summary - 37 pages [PDF, 2.0 MB]

Full Report - 150 pages [PDF, 2.5 MB]

If you have any questions or comments regarding the research, please email iicmail@insuranceinstitute.ca.