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Canadian (TSX) Life and Health Insurance Industry Analysis

UpdatedAug 11, 2026
DataAggregated Company Financials
Companies7
  • 7D-0.8%
  • 3M17.1%
  • 1Y56.3%
  • YTDn/a

Over the last 7 days, the Life and Health Insurance industry has remained flat. The past year has been better, since the industry has gained 56% in that time. Looking forward, earnings are forecast to grow by 9.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Aug 2026CA$332.4bCA$161.5bCA$19.5b18.5x17x2.1x
Thu, 09 Jul 2026CA$326.1bCA$157.3bCA$18.1b19x18x2.1x
Sat, 06 Jun 2026CA$292.7bCA$157.2bCA$18.1b17.1x16.2x1.9x
Mon, 04 May 2026CA$280.5bCA$154.5bCA$17.6b15.7x15.9x1.8x
Wed, 01 Apr 2026CA$246.4bCA$154.6bCA$17.6b13.9x14x1.6x
Fri, 27 Feb 2026CA$253.6bCA$155.0bCA$18.3b14.1x13.9x1.6x
Sun, 25 Jan 2026CA$258.9bCA$155.5bCA$18.1b14.4x14.3x1.7x
Tue, 23 Dec 2025CA$261.1bCA$155.6bCA$18.1b15.1x14.4x1.7x
Thu, 20 Nov 2025CA$248.2bCA$155.6bCA$18.1b14x13.7x1.6x
Sat, 18 Oct 2025CA$237.8bCA$152.3bCA$17.5b14x13.6x1.6x
Mon, 15 Sep 2025CA$230.2bCA$152.3bCA$17.5b13.7x13.1x1.5x
Wed, 13 Aug 2025CA$219.0bCA$152.2bCA$17.5b13.2x12.5x1.4x
Fri, 11 Jul 2025CA$219.8bCA$149.3bCA$16.5b12.6x13.3x1.5x
Sun, 08 Jun 2025CA$227.3bCA$149.3bCA$16.5b12.4x13.8x1.5x
Tue, 06 May 2025CA$221.7bCA$148.6bCA$17.6b12.1x12.6x1.5x
Thu, 03 Apr 2025CA$230.3bCA$148.7bCA$17.6b13.4x13.1x1.5x
Sat, 01 Mar 2025CA$221.7bCA$147.7bCA$17.9b13.4x12.4x1.5x
Mon, 27 Jan 2025CA$213.6bCA$146.9bCA$18.1b12.2x11.8x1.5x
Wed, 25 Dec 2024CA$217.0bCA$146.9bCA$18.1b12.8x12x1.5x
Fri, 22 Nov 2024CA$222.3bCA$146.8bCA$18.1b13.1x12.3x1.5x
Sun, 20 Oct 2024CA$208.9bCA$142.3bCA$16.6b11.9x12.6x1.5x
Tue, 17 Sep 2024CA$195.6bCA$142.2bCA$16.6b11.4x11.8x1.4x
Thu, 15 Aug 2024CA$180.6bCA$142.1bCA$16.7b10.6x10.8x1.3x
Sat, 13 Jul 2024CA$181.3bCA$138.3bCA$16.1b11.4x11.3x1.3x
Mon, 10 Jun 2024CA$179.2bCA$138.4bCA$16.1b11.4x11.2x1.3x
Wed, 08 May 2024CA$180.2bCA$135.6bCA$15.9b10.9x11.3x1.3x
Fri, 05 Apr 2024CA$179.4bCA$139.5bCA$15.5b10.9x11.6x1.3x
Sun, 03 Mar 2024CA$178.5bCA$157.3bCA$14.7b12.2x12.1x1.1x
Tue, 30 Jan 2024CA$174.3bCA$164.0bCA$23.6b7.5x7.4x1.1x
Thu, 28 Dec 2023CA$171.1bCA$163.9bCA$23.6b7.4x7.3x1x
Sat, 25 Nov 2023CA$166.8bCA$164.1bCA$23.6b7.5x7.1x1x
Mon, 23 Oct 2023CA$148.9bCA$164.7bCA$21.9b7x6.8x0.9x
Wed, 20 Sep 2023CA$164.0bCA$184.4bCA$21.9b7.8x7.5x0.9x
Fri, 18 Aug 2023CA$159.0bCA$181.6bCA$21.9b7.6x7.2x0.9x
Price to Earnings Ratio

7.2x


Total Market Cap: CA$159.0bTotal 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 17.0x 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 2.1x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have declined 3.8% 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 Market2.57%
Financials0.85%
Insurance-0.64%
Life and Health Insurance-0.78%
General Insurance0%0
Reinsurance0%0
Property and Casualty Insurance-0.20%
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$212.232.4%
+CA$441.4m		48.1%PE17.6x
ELF E-L FinancialCA$17.473.4%
+CA$197.2m		21.6%PE3.3x
SFC Sagicor FinancialCA$8.850.9%
+CA$10.9m		19.3%PE33.5x

Latest News

SLF
CA$115.27
Sun Life Financial
7D
-0.9%
1Y
46.9%
Narrative Update • Aug 10

SLF: Fair Value Outlook Will Depend On Earnings Consistency And Asian Execution

The analyst fair value estimate for Sun Life Financial has been raised to about CA$112.93 from CA$110.14, reflecting updated price targets from several firms as well as mixed views on valuation, earnings consistency, and the diversification of its Canadian, U.S., and Asian businesses. Analyst Commentary Recent Street research on Sun Life Financial shows a mix of optimism and caution, with several firms adjusting price targets and reassessing how the stock is priced against its earnings profile and growth opportunities.
ELF
CA$17.47
E-L Financial
7D
3.4%
1Y
21.6%
IAG
CA$212.23
iA Financial
7D
2.4%
1Y
48.1%
MFC
CA$61.54
Manulife Financial
7D
-1.2%
1Y
49.4%
POW
CA$95.38
Power Corporation of Canada
7D
-0.4%
1Y
68.3%
GWO
CA$91.55
Great-West Lifeco
7D
-1.5%
1Y
72.6%
SFC
CA$8.85
Sagicor Financial
7D
0.9%
1Y
19.3%