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Sunday, September, 07, 2008
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Sourcews Report
Date indexed : 05/07/08 - 19:19
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Update : 05/07/08 - 19:19
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Market share for insurers with a Québec charter nears 49% in 2007
05/07/08 - 19:19 Print  - Send to a friend 
Source : Autorité des marchés financiers - AMF
[...] [Translation] FOR IMMEDIATE RELEASE MARKET SHARE FOR INSURERS WITH A QUÉBEC CHARTER NEARS 49% IN 2007 Montréal, June 17, 2008 - The Autorité des marchés financiers (AMF ) has released the 2007 report on insurance following its tabling today in the Québec National Assembly by Minister of Finance Monique Jérôme-Forget. The report notes that the market share for insurers with a Qu ébec charter (personal insurance and damage insurance ) was up slightly from 48.3% in 2006 to 48.7% in 2007. With respect to personal insurance, the market share for insurers with a Québec charter nudged up from 48.7% in 2006 to 48.9% in 2007. This positive growth is reflected in accident and health insurance and life insurance, whose respective market shares inched up from 55.6% to 56.4% and 38% to 38.3%. The market share for annuities, however, fell from 55.6% in 2006 to 52.9% in 2007. The market share for damage insurance companies with a Québec charter rose from 47.8% in 2006 to 48.6% in 2007. Results were p [...]
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