Motor Insurance in Canada - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-21 21:13:02
The Canadian motor insurance market had a total gross premium income of $33.3bn in 2012, representing a compound annual growth rate (CAGR) of 1% between 2008 and 2012.
The personal segment was the market´s most lucrative in 2012, with a total gross premium income of $21.0bn, equivalent to 63.1% of the market´s overall value.
The performance of the market is forecast to follow a similar pattern with an anticipated CAGR of 1.1% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $35.3bn by the end of 2017.
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