Industry Watch - Overview of the 2020 Canadian group annuity market
Industry Watch Infographic
Overview of the 2020 Canadian group annuity market
3rd best year for market sales
2020 - $4.4B
2019 - $5.2B
2018 - $4.6B
Jumbo deals are here
Largest single-day, single-insurer transaction in history at $1.1B for Sun Life!
Buy-ins and buy-outs are equally popular and competitive
Sponsors can opt for the solution that best solves their unique challenges.
Indexed annuity proxy change equals more competitive inflation-linked annuities
This will sustain the trend – around 30 transactions for over $2B in sales since 2015.
Protecting DB pensions for Canadians
Largest single-day, single-insurer transaction in history at $1.1B for Sun Life!
Sun Life leads the group annuity market
We’re #1 in sales for the 13th year in a row.
We’re responsible for the pensions of over 160K Canadians.
We continue to make more than $75M in monthly pension payments.
Group annuities provided by Sun Life Assurance Company of Canada, a member of the Sun Life group of companies. Results based on the Secure Retirement Institute® Canadian Pension Market report published by LIMRA, February 11, 2021 and Sun Life estimates.
