Canadian life-annuity : steady growth brings steady results

<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/MARC21/slim http://www.loc.gov/standards/marcxml/schema/MARC21slim.xsd">
  <record>
    <leader>00000cam a22000004b 4500</leader>
    <controlfield tag="001">MAP20250018280</controlfield>
    <controlfield tag="003">MAP</controlfield>
    <controlfield tag="005">20251111114037.0</controlfield>
    <controlfield tag="008">250922s20251029usa||||       ||| ||eng d</controlfield>
    <datafield tag="040" ind1=" " ind2=" ">
      <subfield code="a">MAP</subfield>
      <subfield code="b">spa</subfield>
      <subfield code="d">MAP</subfield>
    </datafield>
    <datafield tag="084" ind1=" " ind2=" ">
      <subfield code="a">341</subfield>
    </datafield>
    <datafield tag="110" ind1="2" ind2=" ">
      <subfield code="0">MAPA20080441371</subfield>
      <subfield code="a">A.M. Best Company</subfield>
    </datafield>
    <datafield tag="245" ind1="1" ind2="0">
      <subfield code="a">Canadian life-annuity</subfield>
      <subfield code="b">: steady growth brings steady results</subfield>
      <subfield code="c">A.M. Best Company Inc</subfield>
    </datafield>
    <datafield tag="260" ind1=" " ind2=" ">
      <subfield code="a">New Jersey</subfield>
      <subfield code="b">A.M. Best Company Inc</subfield>
      <subfield code="c">2025</subfield>
    </datafield>
    <datafield tag="300" ind1=" " ind2=" ">
      <subfield code="a">7 p</subfield>
    </datafield>
    <datafield tag="490" ind1="0" ind2=" ">
      <subfield code="a">Best's market segment report</subfield>
      <subfield code="v">October 29, 2025</subfield>
    </datafield>
    <datafield tag="505" ind1="0" ind2=" ">
      <subfield code="a">Canadian life-annuity: steady growth brings steady results -- Principal takeaways -- AM Best's outlook on Canada's life-annuity insurance industry -- Canadian life-annuity insurers' performance and challenges -- Rating actions -- Solid operating performance growth -- Capitalization solid through IFRS 17 transition -- Capital focus remains a focus while dealing with uncertainty -- Investments stay conservative</subfield>
    </datafield>
    <datafield tag="520" ind1=" " ind2=" ">
      <subfield code="a">The report provides a comprehensive overview of Canada's life and annuity (L-A) insurance industry, highlighting its steady growth and strong financial performance in 2024. Driven by record-high new annualized premiums particularly in whole life products insurers benefited from solid investment returns and expanding fee-based business. Despite economic uncertainty and a persistent coverage gap, the industry maintained robust capitalization, favorable ratings, and disciplined capital management. Canadian L-A insurers continue to prioritize enterprise risk management and conservative investment strategies, with a shift toward safer bond allocations and increased equity exposure. The report also notes emerging risks such as interest rate volatility, geopolitical tensions, and real estate concerns, while affirming the sector's resilience and readiness to navigate future challenges</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080570590</subfield>
      <subfield code="a">Seguro de vida</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080586294</subfield>
      <subfield code="a">Mercado de seguros</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080591281</subfield>
      <subfield code="a">Grupos aseguradores</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080562342</subfield>
      <subfield code="a">Estadísticas</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080611248</subfield>
      <subfield code="a">Inversiones financieras</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080538279</subfield>
      <subfield code="a">Bonos</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080578527</subfield>
      <subfield code="a">Tipos de interés</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20250000728</subfield>
      <subfield code="a">Volatilidad en los mercados</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20180004223</subfield>
      <subfield code="a">Regulación</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20170005810</subfield>
      <subfield code="a">IFRS 17</subfield>
    </datafield>
    <datafield tag="651" ind1=" " ind2="1">
      <subfield code="0">MAPA20080637712</subfield>
      <subfield code="a">Canadá</subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20080441371</subfield>
      <subfield code="a">A.M. Best Company</subfield>
    </datafield>
    <datafield tag="856" ind1=" " ind2=" ">
      <subfield code="u">https://web.ambest.com/docs/default-source/events/bests-market-segment-report---canadian-life-annuity-steady-growth-brings-steady-results.pdf?sfvrsn=ea262047_1</subfield>
    </datafield>
  </record>
</collection>