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Canadian (TSX) Life and Health Insurance Industry Analysis

UpdatedJul 10, 2026
DataAggregated Company Financials
Companies7
  • 7D1.2%
  • 3M24.9%
  • 1Y50.6%
  • YTDn/a

Over the last 7 days, the Life and Health Insurance industry has risen 1.1%, driven by gains from Power Corporation of Canada of 3.1%. This takes the industry's 12 month performance to a gain of 50%. As for the next few years, earnings are expected to grow by 9.1% per annum.

Industry Valuation and Performance

Has the Canadian Life and Health Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Jul 2026CA$322.2bCA$157.3bCA$18.1b19.3x17.8x2x
Sun, 07 Jun 2026CA$295.8bCA$157.2bCA$18.1b17.1x16.3x1.9x
Tue, 05 May 2026CA$280.5bCA$154.5bCA$17.6b15.7x15.9x1.8x
Thu, 02 Apr 2026CA$250.7bCA$154.6bCA$17.6b13.9x14.2x1.6x
Sat, 28 Feb 2026CA$256.5bCA$155.0bCA$18.3b14x14x1.7x
Mon, 26 Jan 2026CA$258.9bCA$155.5bCA$18.1b14.4x14.3x1.7x
Wed, 24 Dec 2025CA$263.3bCA$155.5bCA$18.1b15.1x14.6x1.7x
Fri, 21 Nov 2025CA$249.1bCA$155.6bCA$18.1b14.1x13.8x1.6x
Sun, 19 Oct 2025CA$235.5bCA$152.3bCA$17.5b14x13.4x1.5x
Tue, 16 Sep 2025CA$230.2bCA$152.3bCA$17.5b13.6x13.1x1.5x
Thu, 14 Aug 2025CA$220.9bCA$152.2bCA$17.5b13.1x12.6x1.5x
Sat, 12 Jul 2025CA$219.8bCA$149.3bCA$16.5b12.6x13.3x1.5x
Mon, 09 Jun 2025CA$227.3bCA$149.3bCA$16.5b12.4x13.8x1.5x
Wed, 07 May 2025CA$221.4bCA$148.6bCA$17.6b12.2x12.6x1.5x
Fri, 04 Apr 2025CA$233.2bCA$148.6bCA$17.6b13.2x13.3x1.6x
Sun, 02 Mar 2025CA$224.2bCA$147.7bCA$17.9b13.4x12.5x1.5x
Tue, 28 Jan 2025CA$213.6bCA$146.9bCA$18.1b12.2x11.8x1.5x
Thu, 26 Dec 2024CA$217.0bCA$146.9bCA$18.1b12.8x12x1.5x
Sat, 23 Nov 2024CA$224.3bCA$146.8bCA$18.1b12.8x12.4x1.5x
Mon, 21 Oct 2024CA$208.9bCA$142.3bCA$16.6b11.9x12.6x1.5x
Wed, 18 Sep 2024CA$197.0bCA$142.2bCA$16.6b11.5x11.9x1.4x
Fri, 16 Aug 2024CA$182.5bCA$142.1bCA$16.7b10.7x10.9x1.3x
Sun, 14 Jul 2024CA$181.7bCA$138.3bCA$16.1b11.4x11.3x1.3x
Tue, 11 Jun 2024CA$181.1bCA$138.4bCA$16.1b11.5x11.3x1.3x
Thu, 09 May 2024CA$180.2bCA$135.6bCA$15.9b11.1x11.3x1.3x
Sat, 06 Apr 2024CA$178.3bCA$139.5bCA$15.5b10.9x11.5x1.3x
Mon, 04 Mar 2024CA$178.5bCA$157.3bCA$14.7b12.2x12.1x1.1x
Wed, 31 Jan 2024CA$174.1bCA$164.0bCA$23.6b7.5x7.4x1.1x
Fri, 29 Dec 2023CA$171.1bCA$164.0bCA$23.6b7.4x7.3x1x
Sun, 26 Nov 2023CA$167.2bCA$164.1bCA$23.6b7.5x7.1x1x
Tue, 24 Oct 2023CA$148.4bCA$164.7bCA$21.9b6.9x6.8x0.9x
Thu, 21 Sep 2023CA$163.8bCA$164.6bCA$21.9b7.8x7.5x1x
Sat, 19 Aug 2023CA$158.1bCA$181.6bCA$21.9b7.4x7.2x0.9x
Mon, 17 Jul 2023CA$159.2bCA$176.4bCA$18.4b9.2x8.6x0.9x
Price to Earnings Ratio

8.6x


Total Market Cap: CA$159.2bTotal Earnings: CA$18.4bTotal Revenue: CA$176.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Life and Health Insurance Industry Price to Earnings3Y Average 11.9x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Life and Health Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.0x which is higher than its 3-year average PE of 11.9x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 3.8% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Canadian Life and Health Insurance compare with similar industries?

CA Market0.53%
Financials0.92%
Insurance0.83%
Life and Health Insurance1.21%
Insurance Brokers5.49%
General Insurance0%0
Reinsurance0%0
Property and Casualty Insurance-0.18%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
POW Power Corporation of CanadaCA$91.043.1%
+CA$1.7b		71.4%PE21.2x
GWO Great-West LifecoCA$92.091.0%
+CA$799.3m		76.8%PE19.3x
MFC Manulife FinancialCA$58.750.6%
+CA$567.4m		39.9%PE16.6x
SLF Sun Life FinancialCA$113.810.8%
+CA$471.0m		34.3%PE21x
IAG iA FinancialCA$204.772.6%
+CA$462.6m		42.0%PE18.1x

Latest News

MFC
CA$58.75
Manulife Financial
7D
0.6%
1Y
39.9%
SLF
CA$113.81
Sun Life Financial
7D
0.8%
1Y
34.3%
GWO
CA$92.09
Great-West Lifeco
7D
1.0%
1Y
76.8%
New Narrative • Jul 02

Capital Light Shift And Retirement Demand Will Support Stronger Long Term Earnings Power

Catalysts About Great-West Lifeco Great-West Lifeco is a diversified financial services company focused on retirement, wealth management, insurance and reinsurance across North America and Europe. What are the underlying business or industry changes driving this perspective?
IAG
CA$204.77
iA Financial
7D
2.6%
1Y
42.0%
POW
CA$91.04
Power Corporation of Canada
7D
3.1%
1Y
71.4%
ELF
CA$16.83
E-L Financial
7D
-1.5%
1Y
7.5%
SFC
CA$8.60
Sagicor Financial
7D
1.1%
1Y
3.5%