| Product Code: ETC6659803 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Liability Insurance Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Liability Insurance Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Liability Insurance Market - Industry Life Cycle |
3.4 Canada Liability Insurance Market - Porter's Five Forces |
3.5 Canada Liability Insurance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Canada Liability Insurance Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Liability Insurance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of liability insurance among businesses and individuals |
4.2.2 Growth in the number of lawsuits and legal actions, prompting higher demand for liability insurance |
4.2.3 Regulatory requirements mandating liability insurance coverage in various sectors |
4.3 Market Restraints |
4.3.1 Economic downturns leading to budget constraints for businesses and individuals, impacting their ability to invest in liability insurance |
4.3.2 High competition in the insurance market leading to pricing pressures and reduced profit margins |
4.3.3 Increasing instances of fraud and insurance claims abuse affecting the profitability of insurance companies |
5 Canada Liability Insurance Market Trends |
6 Canada Liability Insurance Market, By Types |
6.1 Canada Liability Insurance Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Liability Insurance Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Canada Liability Insurance Market Revenues & Volume, By General Liability Insurance, 2021- 2031F |
6.1.4 Canada Liability Insurance Market Revenues & Volume, By Professional Liability Insurance, 2021- 2031F |
6.1.5 Canada Liability Insurance Market Revenues & Volume, By Product Liability Insurance, 2021- 2031F |
6.1.6 Canada Liability Insurance Market Revenues & Volume, By Cyber Liability Insurance, 2021- 2031F |
6.2 Canada Liability Insurance Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Liability Insurance Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Canada Liability Insurance Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Canada Liability Insurance Market Revenues & Volume, By Residential, 2021- 2031F |
7 Canada Liability Insurance Market Import-Export Trade Statistics |
7.1 Canada Liability Insurance Market Export to Major Countries |
7.2 Canada Liability Insurance Market Imports from Major Countries |
8 Canada Liability Insurance Market Key Performance Indicators |
8.1 Loss ratio: Measure of the proportion of premiums paid out as claims, indicating the efficiency of underwriting and claims management processes |
8.2 Customer retention rate: Reflects the satisfaction levels of policyholders and their likelihood to renew policies, indicating the strength of insurer-client relationships |
8.3 Claims settlement time: Measures the average time taken to settle claims, impacting customer satisfaction and insurer reputation |
8.4 Underwriting profitability: Evaluates the profitability of underwriting activities, excluding investment income, providing insights into the core insurance operations' performance |
8.5 Compliance with regulatory requirements: Assesses the degree to which insurance companies adhere to legal mandates, ensuring operational compliance and mitigating risks. |
9 Canada Liability Insurance Market - Opportunity Assessment |
9.1 Canada Liability Insurance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Canada Liability Insurance Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Liability Insurance Market - Competitive Landscape |
10.1 Canada Liability Insurance Market Revenue Share, By Companies, 2024 |
10.2 Canada Liability Insurance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |