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Canadian (TSX) Life and Health Insurance Industry Analysis

UpdatedAug 21, 2026
DataAggregated Company Financials
Companies7
  • 7D-4.1%
  • 3M9.9%
  • 1Y44.4%
  • YTDn/a

Over the last 7 days, the Life and Health Insurance industry has dropped 1.7%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 48%. As for the next few years, earnings are expected to grow by 9.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Aug 2026CA$324.2bCA$161.8bCA$19.6b16.3x16.5x2x
Mon, 20 Jul 2026CA$331.3bCA$157.2bCA$18.1b19.4x18.3x2.1x
Wed, 17 Jun 2026CA$309.4bCA$157.2bCA$18.1b18x17.1x2x
Fri, 15 May 2026CA$285.1bCA$157.2bCA$18.2b16.2x15.7x1.8x
Sun, 12 Apr 2026CA$261.8bCA$154.5bCA$17.6b14.4x14.9x1.7x
Tue, 10 Mar 2026CA$243.9bCA$155.0bCA$18.3b13.3x13.3x1.6x
Thu, 05 Feb 2026CA$257.2bCA$155.5bCA$18.1b14.2x14.2x1.7x
Sat, 03 Jan 2026CA$262.5bCA$155.5bCA$18.1b14.9x14.5x1.7x
Mon, 01 Dec 2025CA$255.9bCA$155.6bCA$18.1b14.6x14.2x1.6x
Wed, 29 Oct 2025CA$243.6bCA$152.3bCA$17.5b14.7x13.9x1.6x
Fri, 26 Sep 2025CA$226.7bCA$152.3bCA$17.5b13.4x12.9x1.5x
Sun, 24 Aug 2025CA$226.6bCA$152.3bCA$17.5b13.4x12.9x1.5x
Tue, 22 Jul 2025CA$223.0bCA$149.3bCA$16.5b12.8x13.5x1.5x
Thu, 19 Jun 2025CA$221.2bCA$149.3bCA$16.5b12.4x13.4x1.5x
Sat, 17 May 2025CA$225.2bCA$149.3bCA$18.5b12.4x12.1x1.5x
Mon, 14 Apr 2025CA$205.6bCA$148.6bCA$17.6b11.8x11.7x1.4x
Wed, 12 Mar 2025CA$212.7bCA$147.2bCA$17.7b12.3x12x1.4x
Fri, 07 Feb 2025CA$212.0bCA$144.5bCA$18.4b12.7x11.5x1.5x
Sun, 05 Jan 2025CA$216.3bCA$146.9bCA$18.1b12.4x12x1.5x
Tue, 03 Dec 2024CA$224.2bCA$146.9bCA$18.1b13x12.4x1.5x
Thu, 31 Oct 2024CA$208.3bCA$142.3bCA$16.6b11.9x12.6x1.5x
Sat, 28 Sep 2024CA$202.0bCA$142.2bCA$16.5b11.5x12.2x1.4x
Mon, 26 Aug 2024CA$188.7bCA$142.2bCA$16.5b10.9x11.4x1.3x
Wed, 24 Jul 2024CA$180.7bCA$138.4bCA$16.1b11.6x11.2x1.3x
Fri, 21 Jun 2024CA$175.1bCA$138.4bCA$16.1b11x10.9x1.3x
Sun, 19 May 2024CA$185.3bCA$138.3bCA$16.1b12.2x11.5x1.3x
Tue, 16 Apr 2024CA$172.7bCA$139.5bCA$15.5b10.4x11.2x1.2x
Thu, 14 Mar 2024CA$179.7bCA$158.9bCA$14.7b12.3x12.2x1.1x
Sat, 10 Feb 2024CA$175.3bCA$168.4bCA$23.0b7.6x7.6x1x
Mon, 08 Jan 2024CA$171.4bCA$164.0bCA$23.6b7.3x7.3x1x
Wed, 06 Dec 2023CA$168.1bCA$163.4bCA$23.2b7.5x7.2x1x
Fri, 03 Nov 2023CA$152.5bCA$164.7bCA$21.9b7.3x6.9x0.9x
Sun, 01 Oct 2023CA$155.8bCA$164.6bCA$21.9b7.5x7.1x0.9x
Tue, 29 Aug 2023CA$154.3bCA$181.6bCA$21.9b7.4x7x0.8x
Price to Earnings Ratio

7x


Total Market Cap: CA$154.3bTotal Earnings: CA$21.9bTotal Revenue: CA$181.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Life and Health Insurance Industry Price to Earnings3Y Average 12.2x202420252026
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 16.8x which is higher than its 3-year average PE of 12.2x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have declined 3.6% per year over the last three years,
  • Revenues have also declined 3.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

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

CA Market-1.11%
Financials-5.74%
Insurance-3.96%
Life and Health Insurance-4.06%
General Insurance0%0
Reinsurance0%0
Insurance Brokers-1.79%
Property and Casualty Insurance-3.64%
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
SFC Sagicor FinancialCA$8.771.6%
+CA$19.1m		7.6%PE7.3x

Latest News

IAG
CA$196.37
iA Financial
7D
-5.0%
1Y
30.0%
SFC
CA$8.77
Sagicor Financial
7D
1.6%
1Y
7.6%
POW
CA$91.39
Power Corporation of Canada
7D
-3.8%
1Y
58.2%
MFC
CA$58.61
Manulife Financial
7D
-5.1%
1Y
37.9%
SLF
CA$108.80
Sun Life Financial
7D
-3.6%
1Y
33.5%
GWO
CA$88.74
Great-West Lifeco
7D
-4.0%
1Y
60.7%
Narrative Update • Aug 12

GWO: Higher Payouts And Buybacks Will Test Fairly Priced Earnings Outlook

Great-West Lifeco's analyst fair value has been updated from CA$80.00 to CA$93.75 as analysts factor in higher Street price targets across major firms, along with modest adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent Street research on Great-West Lifeco points to a cluster of higher price targets, with several firms revising their numbers upward through 2026.
ELF
CA$17.55
E-L Financial
7D
-1.2%
1Y
16.4%