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Canadian (TSX) Life and Health Insurance Industry Analysis

UpdatedAug 09, 2026
DataAggregated Company Financials
Companies7
  • 7D-1.2%
  • 3M17.3%
  • 1Y55.2%
  • YTDn/a

Over the last 7 days, the Life and Health Insurance industry has dropped 1.2%, and Power Corporation of Canada contributed the most with a 2.4% decline. In the past year, the industry has gained 55%. 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
Sun, 09 Aug 2026CA$332.4bCA$161.5bCA$19.5b18.4x17x2.1x
Tue, 07 Jul 2026CA$324.2bCA$157.3bCA$18.1b19.2x17.9x2.1x
Thu, 04 Jun 2026CA$290.7bCA$157.2bCA$18.1b16.7x16x1.8x
Sat, 02 May 2026CA$279.4bCA$154.5bCA$17.6b15.7x15.9x1.8x
Mon, 30 Mar 2026CA$245.4bCA$154.6bCA$17.6b13.6x13.9x1.6x
Wed, 25 Feb 2026CA$253.8bCA$155.0bCA$18.3b13.8x13.9x1.6x
Fri, 23 Jan 2026CA$260.7bCA$155.6bCA$18.1b14.5x14.4x1.7x
Sun, 21 Dec 2025CA$261.2bCA$155.6bCA$18.1b14.9x14.5x1.7x
Tue, 18 Nov 2025CA$251.1bCA$155.6bCA$18.1b14.2x13.9x1.6x
Thu, 16 Oct 2025CA$241.1bCA$152.3bCA$17.5b14.2x13.7x1.6x
Sat, 13 Sep 2025CA$230.5bCA$152.3bCA$17.5b13.7x13.1x1.5x
Mon, 11 Aug 2025CA$219.7bCA$152.1bCA$17.5b13x12.5x1.4x
Wed, 09 Jul 2025CA$221.7bCA$149.3bCA$16.5b12.4x13.4x1.5x
Fri, 06 Jun 2025CA$225.6bCA$149.3bCA$16.5b12.3x13.7x1.5x
Sun, 04 May 2025CA$221.7bCA$148.6bCA$17.6b12x12.6x1.5x
Tue, 01 Apr 2025CA$224.7bCA$148.7bCA$17.6b13.1x12.8x1.5x
Thu, 27 Feb 2025CA$218.8bCA$147.7bCA$17.9b13.1x12.2x1.5x
Sat, 25 Jan 2025CA$214.1bCA$146.9bCA$18.1b12.2x11.8x1.5x
Mon, 23 Dec 2024CA$215.8bCA$146.9bCA$18.1b12.7x11.9x1.5x
Wed, 20 Nov 2024CA$221.7bCA$145.8bCA$18.1b12.9x12.3x1.5x
Fri, 18 Oct 2024CA$207.8bCA$142.3bCA$16.6b11.8x12.6x1.5x
Sun, 15 Sep 2024CA$195.6bCA$142.2bCA$16.6b11.3x11.8x1.4x
Tue, 13 Aug 2024CA$176.2bCA$141.5bCA$16.7b10.5x10.6x1.2x
Thu, 11 Jul 2024CA$179.6bCA$138.3bCA$16.1b11.1x11.2x1.3x
Sat, 08 Jun 2024CA$178.2bCA$138.4bCA$16.1b11.4x11.1x1.3x
Mon, 06 May 2024CA$177.9bCA$135.6bCA$15.9b10.8x11.2x1.3x
Wed, 03 Apr 2024CA$181.3bCA$139.5bCA$15.5b11x11.7x1.3x
Fri, 01 Mar 2024CA$178.5bCA$157.3bCA$14.7b12.1x12.1x1.1x
Sun, 28 Jan 2024CA$174.3bCA$164.0bCA$23.6b7.5x7.4x1.1x
Tue, 26 Dec 2023CA$169.9bCA$164.0bCA$23.6b7.5x7.2x1x
Thu, 23 Nov 2023CA$166.7bCA$164.1bCA$23.6b7.4x7.1x1x
Sat, 21 Oct 2023CA$148.9bCA$164.7bCA$21.9b7x6.8x0.9x
Mon, 18 Sep 2023CA$163.9bCA$181.6bCA$21.9b7.7x7.5x0.9x
Wed, 16 Aug 2023CA$159.6bCA$180.9bCA$21.8b7.7x7.3x0.9x
Price to Earnings Ratio

7.3x


Total Market Cap: CA$159.6bTotal Earnings: CA$21.8bTotal Revenue: CA$180.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Life and Health Insurance Industry Price to Earnings3Y Average 12.1x202420252026
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 17.7x which is higher than its 3-year average PE of 12.1x.
  • 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 declined 4.7% per year over the last three years,
  • Revenues have also declined 3.9% 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 Market2.38%
Financials0.92%
Insurance-0.61%
Life and Health Insurance-1.15%
Property and Casualty Insurance1.10%
General Insurance0%0
Reinsurance0%0
Insurance Brokers-7.69%
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
IAG iA FinancialCA$212.772.7%
+CA$489.1m		50.6%PE17.6x
ELF E-L FinancialCA$17.795.3%
+CA$307.9m		22.7%PE3.4x
SFC Sagicor FinancialCA$8.830.7%
+CA$8.2m		15.9%PE33.4x

Latest News

IAG
CA$212.77
iA Financial
7D
2.7%
1Y
50.6%
MFC
CA$61.78
Manulife Financial
7D
-0.8%
1Y
49.2%
ELF
CA$17.79
E-L Financial
7D
5.3%
1Y
22.7%
POW
CA$93.49
Power Corporation of Canada
7D
-2.4%
1Y
62.3%
SLF
CA$114.25
Sun Life Financial
7D
-1.8%
1Y
46.8%
New Narrative • Aug 07

AI And Stop Loss Dependence Will Likely Pressure Margins And Future Earnings

Catalysts About Sun Life Financial Sun Life Financial provides insurance, wealth and asset management, and health benefits solutions across Canada, the U.S. and Asia. What are the underlying business or industry changes driving this perspective?
GWO
CA$91.49
Great-West Lifeco
7D
-1.6%
1Y
71.7%
SFC
CA$8.83
Sagicor Financial
7D
0.7%
1Y
15.9%