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Canadian Premium Total Rises

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Total premiums and premium equivalents for Canadian life and health insurance products increased 3.7% in 2009, to about $79 billion.

The Canadian Life and Health Insurance Association, Toronto, has published those figures in its latest annual Canadian Life and Health Insurance Facts report.

All the figures are reported in Canadian dollars.

Some other Canadian market figures published in the report:

- Life premiums increased 1.6%, to about $15 billion.

- Annuity premiums rose 4.7%, to about $36 billion.

- Supplementary health and disability premiums rose 3.4%, to about $27 billion.

- Warren S. Hersch