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LIMRA: Canadian Life Insurance New Premium Jumps 8% to Set New Record in 2024
February 21, 2025

WINDSOR, Connecticut, Feb. 21 -- LIMRA issued the following news release:

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LIMRA: Canadian Life Insurance New Premium Jumps 8% to Set New Record in 2024

WINDSOR, Conn., Feb. 20, 2024 --Total Canadian life insurance new annualized premium was a record-high $2.04 billion (CAD) in 2024, 8% higher than in 2023, according to LIMRA's Retail Canadian Life Insurance Sales Survey.

"Record-high whole life and strong universal life new prem . . .

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