CAGR of Canadian insurance sector before and after COVID-19 outbreak 2020-2024

Published by
Jennifer Rudden,
Jan 11, 2022
Before the COVID-19 pandemic hit, the Canadian insurance industry was forecast to grow by 4.1 percent between 2020 and 2024. However, this projection was reduced to 1.7 percent in April 2020 in order to take the expected post-COVID-19 economic downturn into account.

Forecasted CAGR between 2020 and 2024 of Canadian insurance industry pre- and post-COVID-19 outbreak

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Release date

April 2020

Region

Canada

Survey time period

April 2020

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